Fairfield Capital Closes First $50 Million Tranche of $150 Million Project Financing

Press release

Naples, Florida, August 1, 2017 --

Fairfield Capital announced today that it closed the first $50 million tranche of a contemplated $150 million project financing for one of its manufacturer clients. Approximately $13.4 million was drawn in the first closing in early July. The client is a late-stage venture company involved in the manufacture of clean energy equipment for the logistics industry. The financings take the form of sale-leaseback transactions supported by power purchase agreements with various of the client’s customers. The lease investor was one of the largest U.S. bank-owned leasing companies.

Dana Pasternak, a Managing Director and founder of Fairfield Capital, commented that “we are extremely proud to have been instrumental in structuring, arranging, placing negotiating and closing this financing for our client. This financing, which was 15 months in the making, will enable our client to truly move to the “next level”. We are extremely appreciative of their cooperation, and the creativity and commitment of our lease investor in making this deal happen.”

Fairfield Capital Group, LLC, which was founded in 2004, provides investment banking services and capital markets solutions for the equipment finance and leasing industry. We maintain relationships with dozens of institutional investors, and use this knowledge and our many years of experience to help investors create liquidity in their portfolios and manufacturers sell their products. Whether youare issuer or an investor, Fairfield Capital makes it happen.

For more information, visit our website at www.fairfieldcapital.net or contact us at info@fairfieldcapital.net.

CONTACT
Dana J. Pasternak
Fairfield Capital Group, LLC
239-330-6004
dana@fairfieldcapital.net
www.fairfieldcapital.net