Press Releases

Monroe Capital Participates in New Credit Facility to United Subcontractors, Inc.

Chicago, IL, June 6, 2006

Monroe Capital LLC announced its participation as a co-lender in a new $65 million second lien term loan to United Subcontractors, Inc. Monroe Capital’s term loan, as part of a $400 million senior credit facility, was used to assist United Subcontractors, Inc. refinance its existing debt, provide a distribution to its shareholders and provide ongoing working capital.

United Subcontractors, Inc. is the largest independent insulation subcontractor in the U.S. and one of the largest shell contractors in Florida. Since its founding in Salt Lake City, UT in 1998 through the merger of 16 leading regional insulation installation companies, United Subcontractors has grown to become an industry leader with 55 branches across 15 states. The company is the second largest U.S. provider of insulation installation services. Through its long-standing relationships with leading national, regional and local homebuilders, the company installs various forms of thermal and acoustical insulation in over 100,000 new residential homes each year.

Monroe Capital is a specialty finance company devoted to providing innovative capital to middle-market businesses. Monroe Capital specializes in originating, structuring and providing customized financing to corporate, real estate, media and communication, and asset-based borrowers based in the U.S. and Canada in amounts of $3 million to $40 million, with an ability to agent and syndicate larger transactions. These investments include senior and junior secured debt as well as bridge loans to companies in need of immediate access to capital; flexible acquisition facilities; mezzanine or last-out second loans that stretch a company’s debt capacity; acquisitions of distressed debt; and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. To learn more about Monroe Capital, visit www.monroecap.com.