NXT Provides $100M for CI's Material Handling Refinancing
May 29, 2014
NXT Capital has announced it provided a $100 million senior secured credit facility to support the refinancing of Material Handling Services, a portfolio company of CI Capital Partners. NXT acted as joint lead arranger, joint book-runner and administrative agent for the transaction. Also known as Total Fleet Solutions, the company provides brand-independent fleet management and asset management services to a variety of companies.