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Katten Represents GE Antares Capital in Senior Credit Facility for NOVOLEX Acquisition of Packaging Dynamics Corp.

Firm News | January 21, 2015

Katten represented GE Antares, a unit of GE Capital, in the $1.3 billion senior credit facility it provided to NOVOLEX, a Wind Point Partners portfolio company and industry leading manufacturer of paper and plastic flexible packaging products. NOVOLEX utilized the credit facility to fund its acquisition of Packaging Dynamics Corp., a leading flexible packaging and specialty laminations company known for innovative solutions. The merger creates a $1.9 billion paper and plastic flexible packaging company with over 5,100 employees, 35 manufacturing locations in North America and a plastics recycling facility. The Katten team was led by Commercial Finance partner Angela Batterson and included Commercial Finance Associates Andrew Hutchinson and Stacy Koziol.

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