McDermott Represents GE Capital in Connection with $100 Million Credit Facility to Monrovia Nursery
LOS ANGELES (July 8, 2009) — McDermott Will & Emery LLP represented GE Capital Corporate Finance in connection with a $100 million senior secured credit facility to Monrovia Nursery, one of the nation's largest producers of container grown plants, and its subsidiaries. The loan will be used for the borrowers' working capital needs. GE Capital Markets served as a co-lead arranger for the syndication of this credit facility.
GE Capital Corporate Finance is one of the largest providers of asset-based, cash flow and structured loans and leases for mid-size and large U.S. businesses.
The McDermott team was led by Los Angeles corporate partner Gary Rosenbaum and included corporate attorneys Kristine Suh of McDermott’s Los Angeles office and Jikja Chung Frank of McDermott’s Orange County office.
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,100 lawyers, we have offices in Boston, Brussels, Chicago, Dusseldorf, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Rome, San Diego, Silicon Valley and Washington, D.C. Extending our reach to Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.