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Fort Dearborn to get new credit facility via Jefferies
By Sara Rosenberg
New York, June 20 - Fort Dearborn Co. is obtaining a new credit facility (B1) that is being led by Jefferies & Co., Inc. to help back its acquisition by Genstar Capital, LLC, management and certain selling shareholders, according to a news release.
Mezzanine debt financing for the acquisition is being provided by Caisse de depot et placement du Quebec.
The transaction is expected to close at the end of June or early July.
Fort Dearborn is a Niles, Ill., supplier of high-impact decorative labels for the beverage, food, household products, paint and coatings, personal care and private label/retail markets.
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