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Published on 5/16/2006 in the Prospect News Bank Loan Daily.

Intermet gets $75 million revolver

By Sara Rosenberg

New York, May 16 - Intermet Corp. closed on a new $75 million revolving credit facility, according to a company news release.

Goldman Sachs Credit Partners was lead arranger and co-syndication agent. Caspian Capital Advisors LLC was the co- syndication agent and documentation agent while CapitalSource Finance was administrative agent.

The new facility replaces the company's existing revolver and provides for as much as $35 million in additional liquidity over the life of the loan.

Intermet is a Troy, Mich.-based auto parts maker.


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