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Salus Capital Partners Provides $51MM Facility to Dots; Completes Refinancing

September 16, 2013, 07:33 AM
Filed Under: Retail

Dots, the fashion specialty apparel retailer, announced today that it has closed on a new four-year $51.0 million senior secured credit facility and term loan from Salus Capital Partners, LLC. The company expects that the funds secured through this refinancing will provide adequate liquidity to meet the company's anticipated future operating needs.

Dots is a specialty store offering women's fashion apparel and accessories at value prices. Dots prides itself in making looking good fashionable, fun, and achievable for multiple occasions. The company operates over 400 off-mall stores in 28 states, primarily in the Midwest, East and Southeast, and offers a wide variety of women's clothing and accessories.

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