Press Release: Duro Bag : GE Antares Provides $555 Million to Finance Hilex Poly's Acquisition of Leading Paper Bag Producer Duro Bag

CHICAGO--(BUSINESS WIRE)--GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $555 million senior secured credit facility to support the acquisition of Duro Bag Manufacturing Company by Hilex Poly Company , a portfolio company of Wind Point Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility. Headquartered in Kentucky, Duro Bag is one of the leading providers of innovative point-of-purchase paper bags to key marke