First Cash gets $175 million amended and restated credit facility

By Sara Rosenberg

New York, Sept. 13 - First Cash Financial Services Inc. amended and restated its unsecured credit facility, increasing the size to $175 million from $100 million and setting pricing at Libor plus 200 basis points, according to an 8-K filed with the Securities and Exchange Commission on Thursday.

The facility, which matures in February 2015, has five lenders, increased from two previously.

Included in the facility is a 37.5 bps unused fee.

The amendment and restatement was completed on Sept. 11.

JPMorgan Chase Bank is the administrative agent on the deal.

First Cash is an Arlington, Texas-based operator of retail-based pawn and consumer finance stores.

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