NEW YORK–(BUSINESS WIRE)–Eldridge Diversified Credit, the private, liquid, and asset-based credit investment strategy of Eldridge Capital Management (“Eldridge”), today announced the closing of a $120 million term loan facility with Kansas City-based Scrap Management Industries (“SMI”). The facility supports SMI’s acquisition of Allmetal Recycling and its network of 10 locations across Kansas. With this significant combination, SMI will operate five shredders across 19 yards in three primary
