The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced today that its total available capital has increased from $9 billion to $11 billion. In connection with this expansion, GE Capital and an affiliate agreed to make available to the SSLP up to approximately $8.7 billion and Ares Capital agreed to make available to the SSLP up to approximately $2.3 billion. During the third quarter of 2013, the SSLP closed eight financing transactions, including refinancings of existing portfolio companies, totaling $1.4 billion. Since January 1, 2010, the SSLP has committed approximately $11.9 billion to middle market borrowers, including $2.8 billion year to date through September 30, 2013. Below is a brief description of select third quarter SSLP transactions. Nordco, Inc. / Greenbriar Equity Group LLC GE Capital Markets and Ares Capital served as joint lead arrangers and joint bookrunners in a $230 million senior secured term loan provided by SSLP to support Greenbriar’s acquisition of Nordco, Inc., an existing portfolio company of the SSLP. Nordco provides an extensive selection of products and services that make it possible for rail-related industries to build, improve, maintain and inspect their track infrastructure and move rolling stock. Through its GE Antares Capital business, GE Capital also provided a $20 million senior secured revolving credit facility in support of the transaction. Excelligence Learning Corporation / Sterling Investment Partners GE Capital Markets and Ares Capital served as joint lead arrangers and joint bookrunners in a $174 million senior secured term loan provided by the SSLP to support the recapitalization of Excelligence Learning Corporation by Sterling Investment Partners. Excelligence is a leading developer, manufacturer, distributor and retailer of education products which are sold to child care programs, preschools, elementary schools and families. Through its GE Antares Capital subsidiary, GE Capital also provided a $30 million senior secured revolving facility in support of the transaction.