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Stock impact report

Great Rock Capital Upsizes Leverage Facility to Over $700 Million [Yahoo! Finance]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Company Research Source: Yahoo! Finance
company specializing in middle market lending, today announced the upsize of its leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services institutions. The leverage facility, agented by KeyBank, provides more than $700 million of capital and includes the recent additions of new lending partners, OceanFirst Bank N.A. and HomeStreet Bank. "We believe that Great Rock is well positioned to grow with a strong management team and strategy that includes providing creative financing solutions to middle market customers throughout North America ," said Chris Tucker , Managing Director, KeyBank Specialty Finance Lending. "KeyBank values its partnership with Great Rock and the bank syndicate, and we look forward to our continued success." "Following a record-setting 2024, we've entered 2025 with strong momentum and a solid first-quarter performance," said Stuart Armstrong , CEO of Great Rock Capital. "We appreciate the ongoing partnership Show less Read more
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