Angelo, Gordon & Co.’s Net Lease Group Completes $6.6 Million Sale-Leaseback with Imaging Business Machines, LLC
NEW YORK (Business Wire EON/PRWEB ) March 31, 2008 — Angelo, Gordon & Co.’s (”Angelo Gordon”) dedicated Net Lease Group (”AG Net Lease”) announced today that it acquired Imaging Business Machines, LLC’s (“IBML”) headquarters and principal operating facility in Birmingham, AL. Proceeds of the sale-leaseback transaction were used primarily to pay down senior indebtedness. IBML is a portfolio company of Bethesda, MD-based American Capital Strategies, Ltd. (“American Capital”) (Nasdaq: ACAS) si
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