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BMO Harris Bank Provides $75 Million Credit Facility to Support Acquisition by Virginia College

August 07, 2012, 09:00 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner, documentation agent and is administrative agent for $75 million in credit facilities to support Virginia College in its acquisition of New England College of Business and Finance.

A portfolio company of Wills Stein & Partners, Virginia College, which is operated by Education Corporation of America, is a private, for-profit, accredited, post-secondary educational institution with campuses primarily in mid-sized markets in the Southern United States, as well as on the Internet.

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