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Arandell Corporation Completes Refinancing of Capital Structure - Additional funding for Arandell’s continued growth and expansion - Arandell.com
Arandell Corporation Completes Refinancing of Capital Structure

 

PRZOOM - /newswire/ - Menomonee Falls, WI, United States, 2014/04/09 - Additional funding for Arandell’s continued growth and expansion - Arandell.com.

   
 
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Arandell Corporation, the trusted leader in premier catalog printing and omni-channel solutions, is pleased to announce it recently completed a growth financing initiative. "We are pleased with our new capital structure," said Brad Hoffman Arandell’s President and Chief Financial Officer. In addition to substantially reducing interest expense, it will also provide us financial flexibility for the future and allows us to reinvest back into the Company."

The Company’s bank financing is now led by The Private Bank with CapX Partners, Spell Capital, and Farragut Capital Partners also participating in the recently closed financing transaction. The new financing structure arranged for Arandell provides additional funding to address the premier catalog printer’s continued growth and expansion.

Milwaukee-based Promontory Point Capital served as exclusive financial advisor and investment banker to Arandell Corporation in arranging the Company’s new capital structure. The Company’s law firm, Reinhart Boerner Van Deuren S.C., served as legal counsel for the transaction.

About Arandell

Founded in 1922 and based in Menomonee Falls, WI, Arandell (arandell.com) provides high-quality premedia, catalog printing, mailing, distribution, list management, database marketing, mobile solutions, logistics and consulting services to its partners in the retail and direct mail catalog markets. Arandell’s client-focused associates work hard to deliver expert solutions that go far beyond expectations.

 
 
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Agency / Source: Arandell Corporation

 
 

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Arandell Corporation Completes Refinancing of Capital Structure

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Contact: Bill Sunagel - Arandell.com 
262-255-4400 wasunagel[.]arandell.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Arandell Corporation securities in any jurisdiction including any other companies listed or named in this release.

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