Unisource Completes $575 Million Credit Facility
Headquartered in Norcross, Ga., Unisource Worldwide, a leading distributor of paper, packaging and facility supplies in North America, has successfully entered into a new senior-secured revolving credit facility.
The new facility is lead by Banc of America Securities LLC, Wells Fargo Foothill, LLC and GE Capital Markets, and provides for up to $575 million of borrowings with a scheduled maturity date of August 2012. The agreement also provides additional liquidity to Unisource by allowing the company to increase the size of the facility up to $700 million.
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