Guggenheim Provides Committed Financing to Support the Acquisition of Rent-A-Center by Vintage Capital
Guggenheim Investments today announced it is providing committed loan financing to support the acquisition of Rent-A-Center, Inc. (NASDAQ/NGS:RCII) (“Rent-A-Center”) by Vintage Capital Management, LLC (“Vintage Capital”). The transaction, which is not subject to a financing condition, and is expected to close by the end of 2018, subject to customary closing conditions including the receipt of stockholder and regulatory approvals, represents a total consideration of approximately $1.365 billion, including net debt.