Dollar Financial Corp Announces New $200 Million Global Revolving Credit Facility

Dollar Financial Corp DLLR, a leading international diversified financial services company primarily serving unbanked and under-banked consumers for over 30 years, today announced a new four-year $200 million global revolving credit facility, with a potential to further expand the credit facility to $250 million. Interest payable on borrowings under the new facility, which replaces the Company's existing $75.0 million revolving credit facility in the United States and C$28.5 million facility in Canada, will be derived from a pricing grid based on the Company's total leverage ratio, which currently allows borrowings at an interest rate of LIBOR plus 400 bps, or approximately 4.25%. The new revolving credit facility is set to mature on March 3, 2015.
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