InterOcean Advisors LLC advises Designed Alloy Products, Inc. and Alloy Rod Products, Inc. (collectively “DAPI”) on the restructuring of their debt capital through obtaining a senior revolving credit facility from Wells Fargo Bank and a junior term debt loan from Enhanced Capital.

Headquartered in Aurora, Illinois, DAPI is a privately held manufacturer of certified ingot and alloy rod products, and a processor of scrap metal. The company supplies its products to mills and foundries in the United States and to distributors serving foreign markets.