UPFRONT

PBM Graphics Refinances

DURHAM, NC—Fleet Capital, one of the nation's largest asset-based lenders, will provide a $20 million revolving credit facility to PBM Graphics. With facilities in North Carolina and South Dakota, PBM is a full-service printing firm offering color printed products, as well as multimedia, ad specialty and design services. The asset-based credit facility will be used to refinance existing debt. The company will also use Fleet's cash management services and its lockbox network.