CHICAGO — Bank of America today sent a letter to Republic Windows & Doors LLC indicating that the bank is prepared to provide a limited amount of additional loans to Republic to help fund a comprehensive resolution of Employee Claims.

Bank of America expressed concern in the letter about Republic's failure to pay their employees the Employee Claims to which they are legally entitled.

Bank of America is prepared to make these additional loans despite the fact that Bank of America is not obligated to pay Republic's employees or make additional loans to Republic.

Because Bank of America has no direct relationship with Republic's employees, Bank of America must rely on Republic and its management to negotiate with the Union and Republic's employees regarding the Employee Claims.

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