GE Capital to administrate Dunham credit facility
Norwalk, Conn. -- GE Capital, Corporate Retail Finance said it is administrative agent on a $250 million senior revolving credit facility for regional sporting goods retailer Dunham’s Athleisure Corp.
The proceeds will support ongoing working capital needs and new store growth.
“GE Capital’s expertise in lending to retailers and experience in the sporting goods sector made a big difference in this financing,” said Al Blazek, CFO for Dunham’s. “They worked hard to enable us to capitalize on today’s favorable credit markets.”