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BMO Harris Agents $350MM Facility to Blommer Chocolate

December 01, 2015, 07:46 AM

BMO Harris Bank’s Asset Based Lending group announced it acted as joint lead arranger and administrative agent for a $350 million senior secured revolving credit facility to Blommer Chocolate Company (“Blommer”).
Blommer is a fully-integrated chocolate and cocoa manufacturer and the largest cocoa bean processor in North America. The company produces a wide variety of cocoa powders, solid chocolate, and liquid chocolate used in a variety of confectionary, beverage, and baking applications.

The ABL financing provides Blommer with improved financial flexibility to support strategic initiatives, both domestic and abroad.  BMO Harris Bank has acted as Blommer’s administrative agent since 2009.

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