News

Wilsons announces new credit facility

29/04/2002

US leather goods retailer Wilsons The Leather Experts Inc. has announced an agreement for a new $180 million revolving credit facility. The line will extend until June 2005 and is provided by GE Capital/Commercial Finance, CIT, Wells Fargo, La Salle and US Bank. The company also announced the private sale of stock to two investors worth a total of $9.9 million.

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