/EINPresswire.com/ -- NEW YORK, NY -- (Marketwired) -- 02/01/16 -- Constellation Enterprises, LLC (the "Company"), a leading manufacturer of highly engineered specialty metal products serving a diverse range of niche industrial end markets whose subsidiaries include Commercial Metal Forming, The Jorgensen Forge Corporation, Columbus Steel Castings Company and ZERO Manufacturing, is pleased to announce the closing of a series of financing transactions resulting in a strengthened capital structure.

Under the terms agreed upon and executed, the maturity date of its existing $130 million notes will be extended to February 1, 2018. In addition to amending and extending its credit facilities, the Company has received an additional equity infusion.

Dana LaForge, Chairman of the Board of Constellation Enterprises, commented that: "The infusion of equity capital, together with an extension of maturities of the debt provides the Company with a stronger foundation and runway to accelerate its current value creation initiatives. We are thankful for the strong support received by all stakeholders including our investors, debt holders, customers, suppliers and loyal employees."

Imperial Capital, through its Los Angeles and New York offices, acted as financial advisor to the company.

Constellation Enterprises is a leading manufacturer of highly engineered, specialty metal products serving a diverse range of niche industrial end markets. The Company uses innovative processes and specialized equipment to provide specialty metal solutions in a wide range of alloys and product forms. The Company's capabilities include forging, casting, stamping, metal forming, metallurgical blending, heat treating, machining and testing. The products it manufactures are designed for exceptional strength and rigidity, allowing them to perform in demanding physical environments where the cost of failure is generally high. The Company's products are usually sold into niche markets in which it is one of a handful, or in some cases the only, supplier to its customers.

For more information regarding Constellation Enterprises, LLC, please contact:

William Lowry
Chief Financial Officer
wlowry@constentllc.com
(201) 258 3874

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