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Published on 12/22/2010 in the Prospect News High Yield Daily.

Aventine to use loan proceeds to refinance 13% senior notes due 2015

By Devika Patel

Knoxville, Tenn., Dec. 22 - Aventine Renewable Energy Holdings, Inc. said it will use the proceeds from a new $200 million senior secured term loan to refinance its 13% senior secured notes due 2015.

Aventine is a Pekin, Ill.-based ethanol producer.


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