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Service Center Metals
Smither & Company Capital Markets provided
investment banking services to Service Center Metals in
connection with the placement of $35,000,000 of senior term and
revolving loans, substantially reducing the company’s cost of
capital.
Service
Center Metals is a leading extruder of standard extruded
aluminum products sold exclusively to the country’s leading
metals service centers.
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has completed a
$41,400,000
Senior Term Loan &
Revolving Line of Credit Financing
to finance the construction of an
81,000 sq ft aluminum remelt facility
Smither & Company
Capital Markets
acted as
financial advisor to
Service Center Metals, LLC
in connection with the above transaction.
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Service Center Metals, LLC
Smither & Company Capital Markets provided investment
banking services to Service Center Metals in connection
with the placement of a $50,200,000 senior term loan and
revolving credit facility to finance the 196,420 sq ft
expansion of SCM’s aluminum remelt facility in Prince
George, Va.
The expanded remelt facility enables Service Center
Metals to become fully integrated through the production
of all aluminum billet requirements of its aluminum
extrusion production facilities.
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