Keyes Packaging gets $83.5 million credit facility

By Sara Rosenberg

New York, Dec. 18 - Keyes Packaging Group closed on a new $83.5 million senior secured credit facility, according to a news release.

GE Capital Markets acted as lead arranger and bookrunner on the deal.

Proceeds were used to fund the acquisition of Interplast, Inc. and a recapitalization of the company.

Keyes is a Wenatchee, Wash.-based provider of molded fibre packaging and agricultural tissue wrap to the fruit, egg and wine industries. Interplast is a Montreal-based manufacturer of specialty egg packaging products.

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