CIT Northbridge Credit Provides $40MM to B&W Fiber Glass

CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $40 million revolving credit facility to B&W Fiber Glass, a distributor of fiber glass and manufacturer of technical textile fiberglass and reinforcement materials._x000D_
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“We appreciate working the CIT Northbridge in helping us secure financing that will enable us to continue to grow our business,” Brent Beason, president and chief financial officer of B&W Fiber Glass, said._x000D_
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“B&W Fiber Glass is well positioned to serve the needs of many businesses in this vibrant market,” Neal Legan, who leads the team that advises CIT Northbridge Credit, said. “We are pleased to provide B&W Fiber Glass with this line of credit as they continue to leverage their strategic business objectives.”