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Article: UNited States : F.N.B. Capital Corporation Provides $10M in Mezzanine Financing to B.J. Alan Company, Inc.
- Article from:
- TendersInfo
- Article date:
- November 7, 2009
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Byline: Mamta03
F.N.B. Capital Corporation, a Pittsburgh-based merchant banking subsidiary of F.N.B. Corporation (NYSE:m FNB), is pleased to announce the closing of a $10 million mezzanine financing investment in The B.J. Alan Company, a Youngstown, Ohio based distributor of consumer fireworks. The mezzanine financing provided by F.N.B. Capital Corporation will be invested to expand the Phantom Fireworks brand, allow for further business growth and to assist with the seasonal nature of the business.
"We are thrilled to have formed a new partnership with B.J. Alan Company,"
noted Stephen Gurgovits, Jr., President and CEO of F.N.B. Capital ...