Livingstone, a renowned and independent global investment banking firm was pleased to announce the completion of negotiations on the refinancing by Bank of America of the FNA Group, Inc.
The loaning facility of FNA was estimated to be doubled by the refinancing agreement. With this situation, FNA is given enough finances it needed not only to carry out its plan for the core business but also to assertively look into expanding its product line and other prospects that is revenue generating.
Gus Alexander, Founder, Chief Executive Officer and President of FNA happily said, "We are thrilled with the opportunity to forge a partnership with Bank of America - a group that clearly articulated their understanding of our business from day one. With Bank of America's financial wherewithal and the Company's growth plan and vision, we look forward to a very long and prosperous relationship."
Mr. Alexander also added, "The refinancing process could not have gone smoother. The Livingstone team outlined a game plan at the onset of our process and executed the plan with precision."
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