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Vertex Energy Inc Announces Closing Of Acquisition Of Substantially All Of Assets And Liabilities Of Vertex Holdings And Entry Into $18.5 Million Lending Facility


Wednesday, 12 Sep 2012 07:50am EDT 

Vertex Energy Inc announced that it has closed the acquisition of substantially all of the assets and liabilities of Vertex Holdings and entered into a Credit Agreement with Bank of America, N.A. (the “Lender”) to finance the transaction. Pursuant to the Credit Agreement, the Lender provided the Company $8,500,000 in the form of a term loan and agreed to provide the Company an additional $10,000,000 revolving credit facility. 

Company Quote

9.04
-0.16 -1.74%
28 Aug 2014