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Published on 12/15/2022 in the Prospect News Bank Loan Daily.

Mullen continues work to have virtually no loan debt by end of year

Chicago, Dec. 15 – Mullen Group Ltd. continued to work on its target of virtually no bank debt by the end of 2022, according to a press release.

The company has divested approximately $50 million of non-core assets during the year.

The company announced the recent closing of a divestiture in that $50 million total, real property that includes an operating terminal and associated lands in Surrey, British Columbia.

Previously, the company announced the sale of its Hydrovac assets.

Mullen is a trucking and logistics services company based in Okotoks, Alta.


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