CHICAGO - GE Capital, Corporate Finance today announced it has provided a $17 million credit facility to ROC Services Company, an oil and gas well-site services supplier. The funds will be used to refinance existing equipment and to support the acquisition of the company by Coral Reef Capital. GE Capital Markets served as co-lead arranger and joint book runner on the facility.
Headquartered in Bridgeport, TX, ROC Services Company provides well-site services such as maintenance, excavation and hauling and flow-back services to oil and gas companies operating in the U.S.