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TruFood gets $115 million term loan facility via LBC Credit Partners
By Sarah Lizee
Olympia, Wash., Aug. 20 – AOG, LLC, doing business as TruFood Manufacturing, obtained a $115 million senior secured term loan credit facility provided by LBC Credit Partners as lead arranger and agent, according to a press release.
The financing will support TruFood’s acquisition of Simply Natural Foods.
Pittsburgh-based TruFood is a contract manufacturer of branded and private-label nutrition bars, protein bars, chocolate molded products, and baked goods. Commack, N.Y.-based Simply Natural is a co-manufacturer of renowned nutrition and better-for-you chocolate and bar brands for large and high-growth consumer packaged goods companies as well as private label customers.
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