Devereux Turns to First Niagara for $17.7 million Financing Package
Friday, March 22, 2013
By: First Niagara

Press Release from First Niagara

PHILADELPHIA, March 8, 2013 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) has provided $17.7 million in financing to Devereux in a refinancing transacion that reduces the nonprofit behavioral health organization's annual interest expense by approximately $500,000, allowing more of its operating budget to go toward its research, clinical, therapeutic, educational and employment programs for children and adults with intellectual, emotional, developmental and behavioral challenges.

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