CIFC Asset Management Provides Key Financing for Uniloy, Inc.'s Refinancing Needs

In a significant development in the financial landscape, CIFC Asset Management LLC along with its affiliates has delivered a crucial senior secured credit facility to Uniloy, Inc., facilitating the company’s refinancing efforts. This move not only reflects CIFC's position as a dominant player in the financing solutions sector for middle-market companies but also underscores their commitment to supporting manufacturing enterprises that play a vital role in various industries.

What is Uniloy, Inc.?

Founded in 1950, Uniloy stands as a prominent manufacturer of blow molding systems and molds. The company specializes in producing lightweight, monolayer containers utilized across various sectors including food and beverage, household cleaning products, medical applications, and automotive. With an extensive reach, Uniloy operates over 6,000 blow molding machines across 30 countries and six continents, providing essential aftermarket services and parts to a global clientele. The operational network extends to seven countries across North America, Europe, and Asia, ensuring support for its vast installed base of machinery.

CIFC's Role in the Financing

CIFC has stepped in as the agent and sole senior lender for this credit facility, thereby supporting Uniloy in its strategic financial restructuring. By leveraging their industry experience, CIFC is facilitating Uniloy’s ability to retain its leading position in an increasingly competitive market.

As an alternative credit specialist established in 2005, CIFC specializes in diverse investment strategies across CLOs, corporate credit, structured finance, and direct lending. They have demonstrated their prowess in delivering notable risk-adjusted returns, managing a portfolio exceeding $44 billion in assets. Their direct lending team has a commendable history, having provided over $11.2 billion in financing solutions, reaching out to various sectors and promoting economic stability within middle-market companies.

The Partners Behind Uniloy

Uniloy operates under Cyprium Partners and Osgood Capital, strategic partners that play an instrumental role in the company’s growth trajectory. Cyprium Partners focuses on non-controlling investments in profitable middle-market enterprises, permitting owners and management teams to maintain their operational control. Their financial contributions, which range from $5 million to $60 million per transaction, bolster companies with a minimum of $4 million in EBITDA. This flexibility aids in creating favorable conditions for business growth and expansion.

On the other hand, Osgood Capital, based in Houston, Texas, provides consulting and private equity investment. Their approach concentrates on accelerating growth while ensuring sustainable competitive advantages for small and medium-sized enterprises. With an extraordinary track record of over 35 transactions valued at more than $2 billion, Osgood has diversified its investments across the plastics, packaging, aerospace, automotive, energy services, technology, and consumer product sectors.

Conclusion

The refinancing of Uniloy, facilitated by CIFC and supported by its partners, showcases a strategic initiative aimed at enhancing operational capabilities. With a robust backbone of financing, Uniloy can continue to innovate and cater to its extensive market. As the landscape evolves, the commitment from CIFC and its partners ensures that companies like Uniloy can not only survive but thrive in a competitive environment.

For more detailed insights into CIFC and its services, visit CIFC's website.

This development is a testament to the intricate relationship between financial institutions and operational enterprises, highlighting how strategic financing shapes business trajectories in the global marketplace.