Wise Metals to lift working capital facility to $345M

Mar 22, 2013 | 02:11 PM | Nathan Laliberte

Tags  Wise Metals Group, Wise Alloys, Wise Recycling, Alabama Electric Motor Services, Listerhill Total Maintenance Center, GE Capital, Bank of America, Citizens Bank financing

NEW YORK — Flat-rolled aluminum producer Wise Metals Group LLC has entered into agreements to increase its working capital facility to $345 million from $270 million.

The bank group will be led by San Francisco-based Wells Fargo and include Charlotte, N.C.-based Bank of America NA; Birmingham, Ala.-based Regions Financial Corp.; Providence, R.I.-based RBS Citizens Financial Group Inc.; and Norwalk, Conn.-based....

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