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Grubb & Ellis Has Final Order Approving BGC DIP Loan

Monday, 26 March 2012 08:35
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Grubb & Ellis Co. on Thursday obtained a final Court order authorizing the Debtors to borrow up to $5.5 million of senior secured, superpriority postpetition financing, and to use cash collateral.  BGC Note Acquisition Co., L.P., an affiliate of BGC Partners, Inc., is providing the DIP loan.

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