GE Capital GE Restructuring Finance today announced it is administrative agent for a $200 million debtor-in-possession credit facility and a $175 million plan of reorganization credit facility for Vertis Holdings, Inc.
The financing supports the company's recapitalization under a voluntary pre-packaged Chapter 11 filing and its emergence. GE Capital Markets served as joint lead arranger for the DIP and lead arranger for the POR.
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