IAM's debt affiliate lends $28 mln to refinancing of Data Group
IAM Private Debt Group has announced the provision of a $28 million loan to Data Group Ltd (TSX: DGI), a Brampton, Ontario-based provider of managed business communications services. Data Group, which was recently rebranded as DATA Communications Management, plans to use the loan in the refinancing of its senior credit facilities. IAM Private Debt Group, an affiliate of Canadian alternative assets manager Integrated Asset Management Corp, raised $672 million in the final close of its fifth private corporate debt fund in November 2015.
14 March 2016•2 mins read
