GE Capital, Corporate Finance announced it served as administrative agent on a $600 million revolving credit facility for Axiall. The new, larger facility will be used for general working capital and to support the company’s ongoing growth. GE Capital Markets served as co-lead arranger and joint book runner on the facility.
“Expanding Axiall’s credit facility helps support the company as they continue to grow,” said Bob McCarrick, chief commercial officer—lending at GE Capital, Corporate Finance. “We look to customize our financial solutions to meet the unique needs of our mid-size customers.”
Based in Atlanta, Axiall manufactures and markets chemicals and building products for sale worldwide.
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