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Home : Integrated Asset Management Corp. and IAM Private Debt Group Announce Funding of $40 Million Loan for Fortress Paper
Feb 24
2017

Integrated Asset Management Corp. and IAM Private Debt Group Announce Funding of $40 Million Loan for Fortress Paper

TORONTO, ONTARIO--(Marketwired - Feb. 23, 2017) - Integrated Asset Management Corp. ("IAM") (TSX:IAM) and its private corporate debt group, IAM Private Debt Group ("PDG"), announce the funding on February 2, 2017 of a $40 million loan to Fortress Bioenergy Ltd. ("FBEL"), a wholly owned subsidiary of Fortress Paper Ltd. ("Fortress Paper"). FBEL is the owner and operator of the electricity cogeneration facility located at the Fortress Specialty Cellulose Mill in Thurso, Quebec.
Source:http://www.marketwired.com/mw/release.do?id=2198296&sourceType=3
 
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