Webster Financial : Bank Leads Mortgage Financing for CG IX LLC

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WHITE PLAINS, N.Y./WATERBURY, Conn., June 27, 2017 - Webster Bank recently announced that it led senior commercial mortgage financing for White Plains, New York-based CG IX LLC, a wholly owned subsidiary of CampGroup, LLC, a family-owned operator of 15 summer camps in six states. The loan will refinance existing debt and support future capital projects.

"We are pleased to have been able to arrange and syndicate this transaction for CampGroup, providing an important solution to meet their capital requirements. We look forward to the opportunity to support their ongoing growth and success," said Abby Parsonnet, Metro New York regional president, Webster Bank.

"We believe this transaction provides CampGroup with the working capital to continue to grow and to pursue its unique mission to provide quality summer camp experiences that enrich children's lives," added Patrick Trask, senior vice president, Metro New York Middle Market.

"From our earliest discussions until the present, Pat has consistently shown a willingness and ability to go the extra mile to understand and support our business. We look forward to working with him and the Webster team to continue our mission of enriching children's lives," said Mark Benerofe, CEO, CampGroup, LLC.

Since its launch three years ago, Webster's Metro New York Commercial Banking team has experienced tremendous growth in having grown a portfolio of 35 client relationships representing more than $400 million in committed capital for Middle Market companies across diverse industries.

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About Webster

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $26.0 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 167 banking centers and 346 ATMs. Webster also provides mobile and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance

firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.