Rent-A-Center, Inc. Announces Completion of $750M Senior Credit Facility Refinancing

by Benzinga Staff
July 14, 2011 4:36 PM | 20 seconds read

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.

Rent-A-Center, Inc. (NASDAQ: RCII) today announced the completion of the previouslyannounced refinancing of its senior credit facility. The new $750 millionsenior credit facility consists of $250 million in term loans and a $500million revolving credit facility. The Company drew down the $250 million interm loans and $100 million of the revolving facility today and utilized theproceeds to repay its existing senior term debt.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsFinancingConsumer DiscretionaryHomefurnishing Retail

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.