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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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