E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/22/2013 in the Prospect News Private Placement Daily.

Maclean-Fogg issues $100 million of senior subordinated debt to Ares

By Susanna Moon

Chicago, Nov. 22 - MacLean-Fogg Co., Inc. issued $100 million of senior subordinated debt to Ares Capital Corp.

Through the deal, MacLean-Fogg significantly reduced its overall cost of capital, according to a press release.

The company is based in Mundelein, Ill., and provides engineered metal and plastic components to the industrial, automotive, military and aerospace markets.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.