Advanced Nutraceuticals Refinances Senior Debt Facility

Advanced Nutraceuticals Refinances Senior Debt Facility

DENVER--Advanced Nutraceuticals Inc. (NASDAQ:ANII) completed refinancing its senior debt facility with CapitalSource Finance LLC. The collateralized debt agreement provides the company with a $5.5 million facility, consisting of a $4.0 million revolver, a $1.0 million equipment term loan and a $500,000 equipment acquisition line. Houston-based BCL Partners in Houston represented ANII in securing the loan facility.

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