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MMI upsizes loan to $150 million
New York, May 28 - MMI Products Inc. said it upsized its revolving credit facility to $150 million from $115 million.
The loan is via agent Fleet Capital Corp., Transamerica Business Capital Corp. and The CIT Group/Business Credit Inc. as lenders.
The borrowing base attributable to inventories was increased to $80 million from $70 million.
MMI is a Houston manufacturer of products used in construction.
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