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Prospect News home > News index > List of issuers P > Headlines for Platinum Auto Finance > News item
Published on 7/8/2019 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

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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