Hartford Business.com
February 11, 2012
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GE Capital in Norwalk said Friday it arranged a $425 million credit facility to Oregon outdoor products manufacturer Blount International Inc., The Associated Press reports.
The loan amends and extends an existing $165 million facility. It will be used to refinance debt and for acquisitions.
GE Capital Markets served as sole lead arranger.
Shares of Blount International slipped 6 cents to $11.01 in late morning trading.
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