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JPMorgan Chase provides financing to beef distributor

September 2012

Clients JPMorgan Chase Bank, N.A.

Jones Day represented JPMorgan Chase Bank, N.A. in connection with the $95 million secured asset based revolving credit facility for a distributor of beef and other meat products. The revolving credit facility is subject to a borrowing base which includes inventory, including "on the water" in-transit inventory, and receivables.

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