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Article: Allied Capital Invests $22.0 Million in Universal Air Filter Co.(Company Profile)
- Article from:
- Business Wire
- Article date:
- December 2, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON -- Allied Capital Corporation (NYSE:ALD) announced today that it has committed $22.0 million of financing to support the leveraged recapitalization of Universal Air Filter Company ("UAF") by The Riverside Company. Allied Capital's investment took the form of a unitranche debt security and a revolving line of credit.
UAF is a leading designer and manufacturer of custom electronics cooling air filters used in a broad array of end markets, including communications, computer networking, industrial machinery, medical instruments, military, transportation, data storage and other electronics applications.
"We are pleased to be partnering for the ...