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CG Lands New Credit Deal
HOUSTON—Consolidated Graphics has entered into a new, $225 million secured credit facility with 11 banks, led by First Union National Bank. The new credit facility is composed of a $50 million, five-year term loan and a $175 million, five-year revolving credit line. The size of the combined facility may be increased to $275 million by adding other lenders at a later date.
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