Wingspire Capital Provides C$67 Million Revolver to Toys"R"Us Canada
February 24, 2025
Source: Wingspire Capital
Wingspire Capital provided a C$67 million revolving line of credit to Toys”R”Us Canada Ltd., a specialty toy and baby products retailer with more than 80 stores across Canada and e-commerce channels Toysrus.ca and Babiesrus.ca.
Toys”R”Us Canada is using the proceeds to refinance a previous credit facility with a bank and support ongoing borrowing needs.
“We are pleased to provide a creative and flexible capital solution to Toys”R”Us Canada as the company executes its business strategy,” said Matt Governali, Managing Director at Wingspire Capital.
The revolver was part of a broader C$120 million financing agented by Gordon Brothers in support of the specialty retailer’s go-forward strategyWingspire Capital offers one-stop debt solutions of up to $200 million for middle market companies, including revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, equipment leases, and sale leasebacks. Industries financed include business services, consumer products, e-commerce & retail, food & beverage, manufacturing, distribution, transportation & logistics, automotive, technology applications and financial services
Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $250 billion of assets under management as of December 31, 2024.
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