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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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