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IWCO Direct refinances with $277.5 million debt from Prospect Capital
By Susanna Moon
Chicago, March 31 - IWCO Direct obtained $277.5 million of first-lien floating-rate debt from Prospect Capital Corp. to be used for refinancing, according to a press release by Prospect Capital.
IWCO is a Chanhassen, Minn.-based provider of direct marketing solutions to direct marketers for acquisition and loyalty programs in the United States.
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