Purchasing Power gets $177 million revolver via Barclays, Waterfall

By Marisa Wong

Los Angeles, Sept. 12 – Purchasing Power, LLC announced it closed a $177 million revolving credit facility backed by Barclays Bank, serving as administrative agent, and Waterfall Asset Management.

The new credit facility, closed on Aug. 25, will support the company’s growth plan through the majority of 2025, according to a press release.

Purchasing Power is an Atlanta-based voluntary benefits provider of employee purchase programs for consumer products and services through payroll deduction.

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