WINGSPIRE CAPITAL PROVIDES C$67 MILLION REVOLVER TO TOYS”R”US CANADA
ATLANTA – February 24, 2025 — 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 strategy.
ABOUT WINGSPIRE CAPITAL
Wingspire Capital offers one-stop 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, lender finance solutions, equipment leases, and sale leasebacks. Industries financed include business services, consumer products, e-commerce & retail, food & beverage, healthcare, 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. For further information about Wingspire Capital, visit www.wingspirecapital.com.
ABOUT GORDON BROTHERS
Since 1903, Gordon Brothers has maximized liquidity through realizable asset value by providing the people, expertise and capital to solve business challenges. Our solutions-oriented approach across asset services, lending, financing and trading gives clients the insights, strategies and time to optimize asset values throughout the business cycle. We work across the full spectrum of assets globally with deep expertise in retail, commercial, industrial, brands and real estate. We are headquartered in Boston with over 30 offices across North America, Europe, the Middle East and Africa, and Asia Pacific.