MerchSource obtains $130 million credit facility from GE Capital

By Tali Rackner

Norfolk, Va., July 11 – MerchSource LLC received a $130 million senior credit facility from GE Capital, according to a GE press release.

The facility will provide working capital for the company’s operations in the United States and Hong Kong.

MerchSource is an Irvine, Calif.-based company that designs, develops and distributes consumer products. Its products are sold in retailers such as Bed Bath & Beyond, Inc., CVS Corp., Kohl’s Corp., Macy’s Inc., Target Corp., Walgreen Co. and Wal-Mart Stores, Inc.

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