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    Wednesday, November 11, 2009

    Dollar Financial Seeks To Amend Its Credit Terms

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    By Michael Kitchen
    MarketWatch Pulse
       

      LOS ANGELES -- Dollar Financial Corp. said Wednesday it is seeking an amendment and extension of the terms for its revolving credit facilities, along with $286.2 million of Canadian term loans and $83.5 million in British term loans. Dollar Financial said it hopes to change the terms to "provide the company with increased flexibility to continue to take advantage of opportunities to further expand the company's global footprint and diversified business model." The amendment would allow the extension of the maturity dates of a portion of Dollar's credit facilities to December 2014, the company said, without specifying the current maturities for the debt.

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