NGP Capital Invests in Nekoosa Coated

NGP Capital Resources Invests $17.5M in Nekoosa Coated Products: NGP Capital Resources Company—today announced the closing of its third non-energy middle market portfolio investment. On April 22, 2013, the company closed a $17.5 million Second Lien Term Loan to fund a portion of the acquisition of IGI Corp. ("IGI") by Nekoosa Coated Products ("Nekoosa"), a portfolio company of Wingate Partners, a Dallas-based private equity group. The Second Lien Term Loan earns interest payable in cash at an annual rate of 13 percent plus paid-in-kind interest of 2 percent per annum and matures in October 2018.