Meridian Sports Clubs Exits Chapter 11 - Thomson Reuters' peHUB...

06/06/13

Meridian Sports Clubs Exits Chapter 11
Thomson Reuters' peHUB (press release)
Meridian Sports Clubs California said Thursday it exited Chapter 11 financial reorganization. The company's new financing includes a $7.5 million term loan extended in part by Praesidian Capital and a $4.5 million revolving credit facility with Praesidian.

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