Wise Metals Group, LLC

• With revenue of over $1 billion, Wise Metals produces approximately 15% of the beverage industry’s can sheet for aluminum beverage containers, representing approximately 15 billion cans for such beverages as Coca-Cola, Miller beer and niche brands.

• Wise required additional liquidity to fund growth initiatives due to increased worldwide demand for can sheet and losses related to metal cap ceilings.

• M&A Capital identified multiple capital sources that had an interest in providing growth capital to Wise, including: senior lenders, subordinated debt providers and other junior capital sources, and equity partners.

• After generating proposals from several capital sources, Wise determined that a $75 million convertible preferred security and an increased $300 million senior revolving credit facility provided sufficient flexibility with reasonable dilution.