Purchasing Power closes $200 million securitization credit facility

Chicago, March 5 – Purchasing Power, LLC closed a $200 million securitization on Feb. 28, according to a press release.

Capital One was the structuring agent. Barclays was a joint bookrunner.

Proceeds from the credit facility will support the company’s growth plan into the first quarter of 2026.

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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