Halloran & Sage, led by business law partner Robert Cox and associate Matthew Teich, represented People’s United Bank in the documentation, negotiation and closing of modifications to several existing credit facilities to a Connecticut manufacturing company. The transactions required accommodating multiple sources of financing, including the Connecticut Development Authority and capital contributions from an investor, both of which were subordinate to the People’s financing. Completion of these transactions strengthens the cash position of the company amidst a struggling economy and ensures it will continue to grow and provide jobs to Connecticut residents for the foreseeable future.