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Home Deal Announcements

SLR Structures Unitranche Asset-Based Credit Facility for Directional Capital

byBrianna Wilson
November 1, 2024
in Deal Announcements

SLR Credit Solutions has structured a unitranche asset-based credit facility to support Directional Capital’s acquisition of a collection of rent-to-own retail locations across the New York and New Jersey markets, via a new entity known as Purple Apple. In addition to acquisition financing, the SLR Credit Solutions facility provides additional liquidity for general corporate purposes.

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