Banks don't usually offer long-term funding at fixed rates, but when Quad/Graphics wanted it, NBD Bancorp was able to oblige.

The Detroit-based bank turned to its joint venture partner, SPP Hambro & Co., enabling the Wisconsin-based printing firm to lock in fixed-rate funds for as long as 25 years through a private placement. In fact, thanks to strong investor interest, the borrower was able to expand the loan to $121 million from the $50 million it originally sought.

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