Post Road closes $70M manufacturing equipment finance deals
Deals include $50M lease line facility
Post Road Equipment Finance has completed two financing transactions totaling $70 million in the premium label manufacturing sector.
The deals include a $50 million lease line facility for a global producer of pressure-sensitive labels used across health, food and beverage, industrial and consumer markets, according to a release today by Westport, Conn.-based Post Road.
The agreement comprises a $35 million sale-leaseback and a $15 million line for capital expenditures, allowing the company to upgrade equipment and meet rising demand. The structure preserves the firm’s revolving credit line, supporting operational flexibility.
In a second transaction, Post Road issued $20 million to a designer and manufacturer of high-end label solutions in the health, personal care and food and beverage industries. The package includes a $5 million sale-leaseback and $15 million in equipment financing to enhance production efficiency and support the company’s acquisition-focused growth, according to the release.
Register here for the free Equipment Finance News webinar “Technologies to Advance Your Equipment Financing Business” set for Thursday, July 17, at 11 a.m. ET.
