Timminco seeks lenders after credit clamp by bank

Dec 19, 2011 | 04:36 PM | Suzy Waite

Tags  Timminco, Bank of America, lending, credit facility, silicon producer, Suzy Waite

NEW YORK — Timminco Ltd. is precluded from borrowing from Bank of America after the bank increased the availability reserve under the company’s revolving credit facility, the company said, adding that it is now searching....

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