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.
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