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March 2011 Blackstone Management & Consulting facilitates $10.4 Million refinancing

Type: News | Author: Joe Deliso
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Worcester MA: Blackstone Management & Consulting successfully negotiated a nonrecourse $10.4 million financing package on behalf of its client, a Western Massachusetts company that provides third party frozen food storage and distribution services throughout the Northeast.The deal repackaged existing debt reducing the rate and extending term materially reducing the company’s monthly service requirement freeing up cash for other purposes.