Pacific World receives $215 million of credit facilities from Prospect

By Tali Rackner

Norfolk, Va., Sept. 29 – Pacific World Corp., a portfolio company of Levine Leichtman Capital Partners, received $215 million of first-lien senior secured credit facilities from Prospect Capital Corp. to support its recapitalization, according to a Prospect press release.

"We have enjoyed working with Prospect on our first transaction together," Leichtman partner Kimberly Pollack said in the release. "Prospect's responsiveness and ability to provide a large one-stop financing solution were integral to the success of this transaction, and we look forward to growing our relationship with the Prospect team."

Pacific World is an Aliso Viejo, Calif., supplier of proprietary nail and beauty care products to the food, drug, mass, and value retail channels worldwide.

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