Transactions
Jun. 11, 2002
Venture Capital: STAFFING AGENCY SECURES $65 MILLION IN DEBT FACILITY
Westaff Inc. closed a debt facility worth $65 million May 17. The Walnut Creek-based company secured a $60 million revolving credit facility and a $5 million term loan facility.
The lead arranger was GE Capital, providing $40 million. Bank of America provided the remaining $25 million.
Westaff places temporary employees in cl...
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