LBC Credit Partners Provides Financing for a Public-to-Private Buyout

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Tue Mar 24, 2009 9:00am EDT

PHILADELPHIA, March 24 /PRNewswire/ -- LBC Credit Partners provides $30.25M in
financing to support a going-private buyout by an equity sponsor for a company
engaged in the construction of structural concrete highway bridges and
overpasses as well as the paving of highways and airport runways in the
Southwest Region of the United States.   LBC's financing included senior and
junior secured term loans and an equity co-investment.

About LBC Credit Partners

LBC Credit Partners is a middle market lending fund providing secured loans,
mezzanine debt and equity co-investment to companies with EBITDA greater than
$10M.   LBC has more than $1 billion of capital commitments under management
and typically invests $10M to $50M per transaction to support buyouts,
acquisitions, growth, recapitalizations, restructurings, DIPs and exit
financing.   Since 2006 LBC has made over 35 investments in 27 industry
sectors located throughout North America.   LBC has offices in Philadelphia
and Chicago.

For information about LBC Credit Partners please visit www.lbccredit.com. 


SOURCE  LBC Credit Partners

Homyar Choksi of LBC Credit Partners, +1-215-609-3348, hchoksi@lbccredit.com
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