Trive-backed MKC secures $42.38 mln from PNC

PNC Bank, National Association has provided a $42.38 million credit facility for Madison-Kipp Corporation, according to a source familiar with the transaction. Based in Madison, Wisconsin, MKC is a producer of lightweight, high-pressure aluminum die castings, precision machined components and system subassemblies. MKC is a portfolio company of Trive Capital.