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Fifth Third Business Capital Provides $14.4MM in Refinancing to Energy Steel Products

January 11, 2022, 07:37 AM
Filed Under: Steel

Fifth Third Business Capital provided $14,400,000 in refinancing including a revolving credit facility, real estate term loan and capital expenditure line for Energy Steel Products.

Energy Steel Products (“ESP”) is a master distributor of stainless steel bar, selling to a network of over 550 service centers nationwide to support varying just-in-time business models. ESP is majority owned by Lone Star New Markets and Lone Star Growth Capital.

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