New York, NY (PRWEB) April 24, 2006
Tri-River Capital is pleased to announce that Highline Capital, Boulder, CO (http://www.HighlineCapital.com) has arranged a $75 million secured loan from West LB. Tri-River introduced the parties. The loan will repay Highline’s current borrowings and fund ongoing originations of loans and leases from transportation, hi-tech, franchise, and fitness center customers.
John Melhalchin, Highline’s Chairman, has transitioned the company for more than 25 years through many industry changes and currently focuses on niches in the middle market. Through its history Highline has competed through service, responsiveness, problem solving, and understanding borrowers’ needs. The new facility from WestLB enables Highline to efficiently deploy capital and to fund growth.
Milt Walters, Tri-River Capital’s President, indicated “Highline’s Chairman called and wanted to refinance the Company’s borrowings and expand the line for growth. With our industry experience we were able to quickly locate a lender with competitive pricing that met the Company’s needs”.
Tri-River Capital http://www.Tri-RiverCapital.com is a boutique investment bank that provides merger and acquisition, financing, advisory and expert testimony services to middle market financial institutions and services companies.
For Additional Information Contact
Milton J. Walters