LBC Lends a Hand to A&E
January 18, 2012- Share:
LBC Credit Partners is serving as administrative agent for a bifurcated lien term loan to American & Efird, a manufacturer of sewing thread, embroidery yarns and technical textiles for worldwide industrial markets. LBC's loan was used primarily to repay debt incurred during the acquisition of A&E by KPS Capital Partners in October 2011.
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