ATLANTA — March 29, 2023 — Wingspire Capital LLC (“Wingspire”) has agented a $125 million senior secured credit facility to an internationally recognized cosmetics company for the expansion of their complement of current brands, future product development, and potential acquisitions.
The credit facility was used to refinance existing indebtedness and enhance liquidity by providing availability against both tangible and intangible assets.
Wingspire was created by a team of industry leading finance professionals with a vision of building a firm driven by the mission of putting each client’s perspective and needs first to provide thoughtful loans tailored to their specific needs, delivered in a transparent and professional manner.
ABOUT WINGSPIRE CAPITAL
Wingspire’s product offerings, up to $200 million in transaction size, include revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, equipment leases, sale leasebacks and other one-stop solutions. Industries financed include business services, consumer products, e-commerce & retail, food & beverage, manufacturing, distribution, transportation & logistics,
automotive, technology applications, and financial services.
Wingspire is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC), which is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser. Owl Rock is a division of Blue Owl Capital (NYSE: OWL), a global alternative asset manager with approximately $138.2 billion of assets under management as of December 31, 2022. To learn more, please visit wingspirecapital.com.