Debt Receivables USA 06-01-2004Lesco sells receivables, refinances bank debt, eliminates interest rate swap and buys back preferred stock in debt restructuringLesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58 million, of the company’s receivables portfolio to GE Business Credit…Sign in or Upgrade to Continue ReadingThis news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn moreAlready a subscriber? Log in here #bank#bank loan#conference#interest rate#receivables