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SELECTED TRANSACTION DETAILS
FirstMerit Bank Provides $28MM Facility to Formed Fiber Technologies
Monday, July 1, 2013

Lenders/Participants FirstMerit Bank Business Credit [Lender]
Structure Revolver & Term Loan
Amount $28.000 Million
Borrower(s) Formed Fiber Technologies, Inc.
Description Proceeds of the facility were used to facilitate the purchase of the company by Detroit Technologies, Inc. ownership group and provide ongoing working capital.
Industry Manufacturing
Related Tags FirstMerit Bank







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