Nexseer Capital Funds $12.9MM for Global Consumer Packaging Manufacturer
MAY 15, 2019 - 5:50 am
Nexseer Capital completed a $12.9 million equipment and project funding for a $475 million revenue S&P ‘B’ rated consumer packaging company. The financing included manufacturing, production and packaging equipment in a complex scenario that included multiple co-lessees in two countries, a European parent, ultimate Private Equity ownership, no parent guarantee, assets in the U.S, Canada and Mexico, foreign currency and extensive progress fundings.
W. Scott McCullum, president of Nexseer, said, “This recent transaction exemplifies our capabilities and the value we add executing in complex situations. I am proud of our team that was able to meet challenges and be responsive providing integral funding that will help this company grow.”
The Monitor established its Editorial Board in 2019 to solidify its commitment to staying on the cutting edge of the equipment finance industry. During its two-year term, the inaugural board provided valuable guidance and contributions that helped the Monitor expand... read more
What does innovation mean to you? What makes a company truly innovative? Deborah Reuben: Innovation is all about new processes, new products, new approaches, new methods, new ways of doing things that really improve the human experience in some way... read more