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Published on 6/24/2016 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Innovation Ventures looks to refinance 9½% notes with bank debt, notes

By Angela McDaniels

Tacoma, Wash., June 24 – Innovation Ventures, LLC is considering a senior note and bank debt offering that would also result in the refinancing of its 9½% senior secured notes due 2019, according to a company news release.

The transaction is currently in the process of being negotiated, and the company gave no assurances that it will be completed.

Innovation Ventures makes 5-hour Energy and is based in Farmington Hills, Mich.


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