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Archive - Aug 10, 2011 - News Article

Date
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IROC Forced to Seek Refinancing

August 10, 2011

Derby, VT – IROC announced yesterday that discussions are continuing with the Vermont Economic Development Authority as IROC seeks to refinance, reduce, and restructure its debt. VEDA has determined that IROC needs additional support for VEDA refinancing to be workable.
Phil White, Chairman of the Board at IROC and Executive Director (without pay) made the announcement.

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