Daily News: October 3, 2014

BMO Harris Provides $25MM ABL Facility to MFRI

BMO Harris Bank’s asset-based lending group announced it acted as sole lender for a $25 million senior secured revolving credit facility to MFRI, Inc.

MFRI designs, manufactures and sells specialty piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications.