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News Breaks | | | | January 14, 2013 | | 16:31 EDT |  | MCGC | MCG Capital closes $13.5M loan to Color Star Growers
MCG Capital Corporation announced the closing of its $13.5 million loan to Color Star Growers of Colorado, Inc. and its related affiliates. MCG’s financing consists of a subordinated term loan funded in connection with Color Star’s recent debt refinancing. Color Star is a family owned distributor and grower of flowering annuals. The Company has greenhouse operations in nine locations, servicing markets from the Texas Valley north to Montana and from St. Louis to the Rocky Mountains. | |
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