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Published on 7/14/2014 in the Prospect News Bank Loan Daily.

HighTower secures $100 million commercial bank loan financing

By Toni Weeks

San Luis Obispo, Calif., July 14 – HighTower said it entered into a traditional bank debt facility with BMO Harris Bank and PNC Bank that provides access to up to $100 million in commercial bank loan financing.

Proceeds will be used to fund continuing growth across the companies Partnership, Network and Alliance channels.

The Chicago-based financial services firm provides wealth management advice through a national network of advisers.


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