Rent-Way hires Salomon Smith Barney to advise on debt refinancing

By Sara Rosenberg

New York, Sept. 24 - Rent-Way Inc. retained Salomon Smith Barney to advise the company on plans to refinance its outstanding bank debt.

"We will be working closely with them starting immediately," stated William E. Morgenstern, chairman and chief executive officer, in a news release.

Rent-Way is an Erie, Pa. operator of rental-purchase stores.

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