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Supported NY Hedge Fund in Syndication of $13mm Portion of Larger Credit Facility for Retail Acquisition

Texas – January, 2013 – Backbone Capital supported acquisition financing of a retail consumer products company with retail stores throughout the United States. First lien and second lien credit facilities of $39M total were arranged for by a major NY hedge fund, and Backbone Capital brought in 2 investors to fill 1/3 of the total facilities. This was a very successful transaction in a space that is typically difficult to lend in, as many lenders shy away from intimates and adult novelties.



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