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SOL Global raises C$50 million; Platinum Auto takes in $100 million
By Devika Patel
Knoxville, Tenn., July 8 – Monday saw two new deals announced in the private placement markets.
Toronto-based investment company SOL Global Investments Corp. reported that it placed $50 million of two-year 6% senior secured debentures and Clearwater, Fla.-based Platinum Auto Finance, which provides automotive financing, concluded a $100 million senior secured warehouse line of credit with investment funds managed by an affiliate of Fortress Investment Group LLC.
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