GE Capital is Agent for $700 Million Cash Flow Credit Facility to Blount International, Inc.

GE Capital, Corporate Finance today announced it is administrative agent for a $700 million cash flow credit facility to Blount International, Inc. The loan refinances existing debt and will support growth. GE Capital Markets served as joint lead arranger. Headquartered in Portland, OR, Blount International, Inc. BLT designs, manufactures, and markets replacement parts and equipment for consumers and professionals in select global end markets, including forestry, lawn, and garden; farm, ranch, and agriculture; and concrete cutting and finishing, and is a leader in manufacturing saw chain and guide bars for chain saws. “For the last ten years, GE Capital has provided outstanding service to us as the arranger and lead provider of innovative and customized senior credit facilities to finance our domestic and international operations,” said Josh Collins, chairman and chief executive officer for Blount International, Inc. “As we have transitioned into a more active growth strategy over the past two years, GE has provided not only financing, but also advice through access to their considerable know-how and experience in international operations to help accelerate our business objectives.”