chicagobusiness wirege antares, a unit of ge capital, announced today it is serving as administrative agent on the 1.005 billion first lien portion of a 1.3 billion senior credit facility to support the acquisition of packaging dynamics corporation by novolex, a wind point partners portfolio company. ge capital markets served as joint lead arranger and joint bookrunner on the entire 1.3 billion facility.&ldquoge antares has been a highly responsive and reliable financing partner for us as we&rsquove grown the novolex platform over the last few years&rdquonovolex is a leading bag and specialty packaging company operating under the duro bag, fortune plastics, and hilex poly brands. packaging dynamics, headquartered in chicago, manufactures flexible, paperbased food packaging products including specialty bags, sheets and wraps, interfolded tissue, pan liners and freezerbutcher paper products, as well as laminated foil products. the newly combined company has 35 manufacturing locations in north america, and a plastics recycling facility.&ldquoge antares has been a highly responsive and reliable financing partner for us as we&rsquove grown the novolex platform over the last few years,&rdquo said alex washington, managing director at wind point partners.&ldquonovolex has made three successful, diversifying acquisitions since we started working with them in 2012,&rdquo said mike hynes, a managing director with ge antares. &ldquowe&rsquore pleased to continue to support wind point and the novolex team&rsquos vision to build the market leader in flexible packaging.&rdquoabout novolexnovolex, based in hartsville, s.c., is an industry leading manufacturer of paper and plastic flexible packaging products, ranging from bags for grocery, retail and food service markets, to can liners and specialty films. in addition to the manufacturing locations across the u.s., canada and mexico, the company operates the largest closedloop recycling facility in the u.s. novolex&rsquos award winning bag2bag recycling program was the first closedloop recycling program to introduce plastic bag and film recycling programs at supermarkets and retailers that also provides customers with high recycled content shopping bags. for more information on novolex&rsquos sustainability efforts, plastic bag and film recycling or the bag2bag program, visit www.novolex.com.about packaging dynamicspackaging dynamics is a leading flexible packaging and specialty laminations company providing innovative solutions to customers in each of its five businesses &ndash bagcraftpapercon, internal converter, de luxe, pac paper and general packaging. for more information, visit www.pkdy.com.about wind point partnerswind point partners is a private equity investment firm that partners with top caliber ceos to acquire middle market businesses where we can establish a clear path to value creation. since our founding in 1984, we have raised over 2.8 billion in commitments. additional information about wind point is available at www.windpointpartners.com.about ge antares capitalge antares is a unit of ge capital. with offices in atlanta, chicago, los angeles, toronto, new york, and san francisco, ge antares is a leading middle market lender, offering a &ldquoonestop&rdquo source for ge&rsquos lending and other services offered to middle market private equity sponsors. ge antares was recognized by private debt investor and private equity international as 2013 lender of the year, north america and midcap lender of the year, north america, respectively. for more information, visit geantares.com.ge capital offers consumers and businesses around the globe an array of financial products and services. for more information, visit www.gecapital.com or follow company news via twitter httpstwitter.comgecapital.ge nyse ge works on things that matter. the best people and the best technologies taking on the toughest challenges. finding solutions in energy, health and home, transportation and finance. building, powering, moving and curing the world. not just imagining. doing. ge works. for more information, visit the company&39s website at www.ge.comcontactsge antares capitalalexandra abrams, 3124417356alexandra.abrams@ge.comorge capital, americastara lambropoulos, 3124417854tara.lambropoulos@ge.com 
