Victra to use note proceeds to fully repay term loan

Chicago, Feb. 1 – Victra Finance Corp., with co-issuer LSF9 Atlantis Holdings, LLC, announced that its term loan will be fully repaid using proceeds from a new offering of notes, according to a market source.

The repayment will also result in a release of the liens securing the loan and guarantees for the term loan.

Proceeds from the offering will also be used to pay a dividend to stockholders, pay fees and expenses related to the transactions and general corporate purposes.

Victra is based in Raleigh, N.C., and is the largest operator of exclusive Verizon Wireless retail stores.

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