Golub Capital Provides $23.5M GOLD Facility to Support Cortec Group’s Acquisition of Katena Products, Inc.

NEW YORK, Sept. 30, 2009 /PRNewswire/ — Golub Capital announced today that it has provided a $23.5 million one-loan debt financing (through Golub Capital's proprietary GOLD facility) to support Cortec Group's acquisition of Katena Products, Inc.

Katena, based in Denville, NJ, is a leading producer and supplier of precision-manufactured micro instruments for ophthalmic surgeries of the anterior segment of the eye (i.e., cataracts, corneal transplants, LASIK, glaucoma). Katena's products are sold globally to hospitals, ambulatory surgery centers and individual ophthalmic surgeons.

"We are excited to be working again with Cortec, who has a lot of expertise and success in the medical device industry. We are pleased that we were able to provide them with a total solution to their financing needs," said Golub Capital Senior Managing Director Greg Cashman. "Katena is a true leader in its field and we look forward to partnering with Cortec to build out the Company's capabilities and accelerate growth."

"Golub Capital was able to provide us with financing certainty in a very uncertain climate. They delivered on the terms they proposed and executed seamlessly. We are pleased to have a strong partner like Golub," commented Jonathan Stein, a Senior Managing Director at Cortec Group.

About Golub Capital

Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm's proprietary GOLD facility), senior, second lien and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital's hold sizes range from $5 million to $75 million per transaction. The firm was named "Middle Market Lender of the Year" or similar for achievements in 2008 by three leading industry magazines: Buyouts Magazine, Mergers & Acquisitions Journal and M&A Advisor. Most recently, the firm was named "Mezzanine Financing Agent of the Year" in September 2009 by M&A Advisor. For more information, please visit the firm's website at www.golubcapital.com.

About Cortec Group

Cortec Group, a New York based private equity firm, invests in middle-market manufacturing, distribution, healthcare and proprietary service businesses that have achieved leadership positions in their market niches. Additional information about Cortec can be found at www.cortecgroup.com.

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SOURCE: Golub Capital

CONTACT: Greg Cashman, Senior Managing Director, Golub Capital,
+1-212-660-7270, gcashman@golubcapital.com