Focus Management Facilitates $116 Million Refinance of Dana Transport
FOR IMMEDIATE RELEASE
March 15, 2013
Contact: Kendra Edmonds, (773) 724-2082
Chicago, IL, March 15, 2013 – Focus Management Group (Focus), a national management consulting firm, announced that it recently facilitated the successful $116 million refinance of the senior credit facilities of Dana Transport, Inc. (Dana). As financial advisor to Dana, Focus sourced the revolving credit and real estate term facilities and coordinated all due diligence efforts with the new senior lenders to help ensure a successful syndication. The new financing will provide Dana with improved terms, greater flexibility and will support the Company’s ongoing growth strategy.
Dana is one of the largest liquid bulk transport carriers in North America and provides local, regional and long-haul service through an extensive network of terminals. Dana’s liquid bulk service capability includes chemicals, consumer products, agricultural products, food and beverage products and pharmaceuticals. Dana’s transportation and logistics services also include equipment leasing, intermodal rail services, ocean carrier services, equipment cleaning, equipment repair and other services.
Overseeing Focus’ engagement was J. Tim Pruban, the President and Founder of Focus Management Group, and Michael Grau, a Managing Director of Focus Management Group. For inquiries about Focus’ wide ranging expertise in the transportation and logistics industry contact Focus Management Group at (773) 724-2082.
About Focus Management Group
Focus Management Group provides nationwide professional services in management consulting, business restructuring and operational improvement with a senior-level team of over 100 professionals. Headquartered in Tampa, FL, with offices in Atlanta, Chicago, Cleveland, Dallas, and Los Angeles, the firm provides a full portfolio of services to companies and their stakeholders, including secured lenders and equity sponsors.
For additional information about Focus Management Group, visit www.focusmg.com or call 773-724-2082.
Visit our website at www.focusmg.com or e-mail firstname.lastname@example.org
Tags: Corporate Debt, Corporate Debt Restructuring, Corporate Restructuring, Dana Refinance, Dana Transport Restructuring, Dana Transport. Dana Transport Refinance, Large Corporate Debt Restructuring
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