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Fleet Secures Revolving Credit Facility For Russell

Fleet Secures Revolving Credit Facility For RussellFleet Capital Corp., a provider of secured financing to domestic middle-market companies and their foreign subsidiaries, has agented a $325 million senior secured revolving credit facility for Russell Corp., Alexander City, Ala.The facility, which includes a $300 million revolving credit facility and a $25 million term loan, will be used to refinance existing debt and provide for ongoing working capital.We congratulate the Russell management team for completing the final phase of its refinancing, said Ferrell L. Coppedge, president, Fleet Capital Southern Division. May 2002




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