Ethanol Plant Completes Complex Financing Transaction

North America - United States

A 110 million gallon Fagen-ICM dry grind ethanol plant completed a complex financing transaction including a $75 million equity raise, $110 million senior debt placement, $25 million private placement of subordinate tax-exempt bonds and contract negotiations with all project vendors. Faegre Baker Daniels corporate partner John Kirkwood served as developer's counsel in the transaction. 

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