Donuts gets $110 million credit

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Donuts Inc., today announced that it has closed a $110 million credit facility led by Silicon Valley Bank (a division of SVB Financial Group), and with participation from Cadence Bank, N.A., Comerica Bank, Pacific Western Bank, and Umpqua Bank.  This debt financing was oversubscribed. Donuts is using these funds to complete its $213 million merger with the Rightside Group, and for …

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