CHARLOTTE, N.C. - First Union Corp. underwrote a $125 million credit facility for Rural/Metro Corp. a Scottsdale, Ariz., ambulance and fire protection services company.

In a press release, First Union Corp. said Rural/Metro will use proceeds from the six-year facility for future acquisitions, general corporate purposes, and repayment of higher interest rate debt.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.