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“This refinancing demonstrates our strong financial position and is a testament to our lenders’ confidence in our ability to outperform the marketplace,” said Al Dragone, Unisource CEO.
He continued, “During the past three and a half years, the company has reduced our bank borrowings by approximately $285 million through the generation of free cash flow. Our new credit facility provides us with significant liquidity to pursue acquisitions and strengthens our capability to expand our operations outside North America.”
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