Fort Dearborn Partners announces the successful refinancing of a commercial building materials distributor with product lines including acoustical ceilings and walls, drywall, metal studs, insulation and exterior insulating finish systems.

The Company retained Fort Dearborn to lead its refinancing efforts including:

• Assisting with preparation of the information packet,
• Marketing the credit to several pre-screened lenders that understand the Company's industry and its financing needs, and
• Assisting during the extensive due diligence process and negotiating of terms.

Fort Dearborn's knowledge of the capital markets, focused marketing efforts and guidance throughout the process yielded several favorable proposals resulting in:

• A new $12 million credit facility which provides $3 million of additional liquidity to facilitate growth, and 
• Negotiation of a favorable financing structure that reduced principal and interest payments by  more than $1 million annually.

While the details of each engagement vary, this transaction was typical of our investment banking focus of representing privately-held, middle market companies. 

Please keep us in mind for proven middle market investment banking expertise, especially in "story" transactions where our operating skills and consulting excellence lend additional value. 

We look forward to working with you.