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Mercury Financial closes on $200 million facility via Neuberger Berman
By Mary-Katherine Stinson
Lexington, Ky., July 26 –Mercury Financial LLC closed on a $200 million facility with funds managed by Neuberger Berman, according to a press release.
Mercury will use the funds to expand its credit card business.
Headquartered in Austin, Tex., Mercury Financial offers credit card products issued by First Bank & Trust in Brookings, S.D. Mercury is backed by Varde Partners.
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