Daily News: September 16, 2013

Salus Capital Partners Completes Dots Refinancing

Dots announced it closed on a new four-year $51 million senior secured credit facility and term loan from Salus Capital Partners. The company expects that the funds secured through this refinancing will provide adequate liquidity to meet the company’s anticipated future operating needs.

A portfolio company of Irving Capital, Dots, a fashion retailer, is a specialty store offering women’s fashion apparel and accessories at value prices.