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SELECTED TRANSACTION DETAILS
CIT Closes $25MM Loan to Friendly Franchisees Corporation
Thursday, May 24, 2018

Lenders/Participants CIT Franchise Finance [Lender]
Structure Credit Facility
Amount $25.000 Million
Borrower(s) Friendly Franchisees Corporation
Description Proceeds from the financing will be used for remodeling some restaurants, refinancing existing debt and other corporate purposes. Transaction details not disclosed.
Industry Franchise
Related Tags CIT Group




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