Daily News: April 25, 2012

WFCF Retail Finance Team Agents $200 Million Facility for PetSmart

Wells Fargo Capital Finance, part of Wells Fargo & Company, agented a $200 million senior secured, asset-based revolving credit facility for PetSmart, comprised of a $100 million revolver and a $100 million letter of credit facility.

PetSmart, Inc. is a specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than 1,232 pet stores in the United States, Canada and Puerto Rico.