Houston, May 6, 2013 (GLOBE NEWSWIRE) -- NGP Capital Resources Company (NASDAQ: NGPC) (the "Company") today announced the closing of its third non-energy middle market portfolio investment. On April 22, 2013, the Company closed a $17.5 million Second Lien Term Loan to fund a portion of the acquisition of IGI Corp. ("IGI") by Nekoosa Coated Products ("Nekoosa"), a portfolio company of Wingate Partners, a Dallas-based private equity group. The Second Lien Term Loan earns interest payable in cash at an annual rate of 13% plus paid-in-kind interest of 2% per annum and matures in October 2018.
NGP Capital Resources Company Announces $17.5 Million Investment In Nekoosa Coated Products
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