GE Capital Corporate Finance is
to be administrative agent for a $150m asset-based revolving credit
facility for ArchBrook Laguna, an electronics and computer products
distributor.
The loan refinances and
increases an existing credit facility; it will be used to aid
growth and support working capital needs. GE Capital Markets served
as the sole lead arranger. GE Capital Commercial Distribution
Finance will provide inventory financing.
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Headquartered in New Jersey,
ArchBrook Laguna supplies computers, cameras, printers,
televisions, projectors and small appliances to retailers
across
the US.
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