OREANDA-NEWS.  GE Antares, a unit of GE Capital, announced today it is administrative agent on a USD 260 million senior secured credit facility to support the acquisition of Institutional Shareholder Services (ISS) by Vestar Capital Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
Headquartered in New York, NY, ISS is the leading global provider of corporate governance solutions for asset managers, asset owners, and corporations, employing approximately 700 people globally with 15 offices in 10 countries.

“GE Antares did an outstanding job executing this first and second lien financing,” said Andy Cavanna, managing director of Vestar Capital Partners, “We knew GE would be an excellent financing partner for ISS given their capital markets expertise as well as their institutional experience in corporate governance.”

“We’re excited to support Vestar’s acquisition of ISS. Vestar takes a real partnership approach with management operating their companies as well as with their financing partners,” said Douglas Cannaliato, managing director of GE Antares. “I am looking forward to continuing to support Vestar and management as they execute on their strategic initiatives.”