CLAYTON, Iowa /Massachusetts Newswire – National News/ Pattison Company, a leading provider of high-quality industrial sand, construction aggregate, armor stone and rail car storage, will use the proceeds to refinance existing term debt and equipment debt, new projects, and working capital.
Kyle Pattison, CEO and owner of Pattison, said, “We are very pleased with the pricing, structure and covenants of the package. Amerisource will be an important partner going forward. This refinancing gives us an exceptionally strong balance sheet and the liquidity to take advantage of the numerous opportunities we have before us. Our sand, aggregate and storage businesses are all growing, and we have several new initiatives. We deeply appreciate the intense due-diligence Amerisource performed and their response which was tailored to meet all our needs.”
Pattison announces the closing of a $17 million credit facility funded by Amerisource Business Capital
californianewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from californianewswire.com Daily Mail and Mail on Sunday newspapers.
Pattison announces the closing of a $17 million credit facility funded by Amerisource Business Capital
floridanewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from floridanewswire.com Daily Mail and Mail on Sunday newspapers.
April 29: News from around the Driftless Area
swnews4u.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swnews4u.com Daily Mail and Mail on Sunday newspapers.