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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.
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