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Ares Commercial Finance Provides $20MM Credit Facility to Imperial Frozen Foods

October 30, 2018, 07:07 AM
Filed Under: Food Services

Ares Commercial Finance announced that it has provided a $20 million senior secured revolving line of credit to Imperial Frozen Foods.  The company is owned by Kenex Holdings.  Proceeds were used to refinance existing debt and to finance strategic acquisitions.

Headquartered in Wake Forest, North Carolina, the company is a supplier of Grade A conventional and organic frozen fruits and vegetables to the retail, club and food service segments.    

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