Salus Capital Ups FILO Advance for Frederick’s of Hollywood
Frederick’s of Hollywood announced that Salus Capital Partners has increased the FILO advance credit line portion of the company’s $24 million credit facility by $5 million to $14 million.
Frederick’s of Hollywood announced that Salus Capital Partners has increased the FILO advance credit line portion of the company’s $24 million credit facility by $5 million to $14 million.
Salus Capital Partners announced it provided an $8 million senior secured term loan to online retailer Totsy. The facility refinances existing debt.
Summer Infant, a provider of juvenile products, said that Bank of America will provide it with an $80 million asset-based revolving credit facility and that the company also entered into a $15 million term loan agreement with Salus Capital.
Salus Capital said it has provided a $10 million senior-secured collateral based working capital facility to a company that acquires vintage and classic automobiles for the purpose of resale.
Kid Brands has refinanced its existing senior credit facility with Salus Capital Partners as lender, administrative agent and collateral agent.