Wyuna Partners

veltman@wyunapartners.com.au

Global Insights

Aug 2014

InterOcean Advisors

InterOcean advises on the refinancing of a US-based metal products producer

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.

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