Financial Advisor
Curacao
Debt Capital Markets
Senior Secured Revolving Credit Facility
Transaction Details
- On January 31, 2022, Curacao (the “Company”) closed on a new $217.5 million Senior Secured Revolving Credit Facility
- Based in Los Angeles, California, Curacao is a leading omni-channel retailer and credit issuer offering consumers access to premium brand electronics, home and fashion products through its 13 department store locations across California, Nevada and Arizona
- Proceeds from the new facility were used to refinance existing debt and fund future growth
- Stephens served as exclusive financial advisor to Curacao in the transaction
About the company
Curacao is an omni-channel retailer and lender dedicated to extending credit options to hardworking, low-to-moderate income individuals in need for quality home and tech products, travel, export and money transfer services at low monthly payments. With Curacao's Price and Interest Beat Guarantees, customers' purchases are price protected for up to 15 days after purchase and interest rates guaranteed at the lowest qualifying rate*. As a fundamental part of its philosophy, Curacao supports the advancement of local communities through the Curacao Foundation. Curacao serves customers online, over the phone, and in-person in English and Spanish in California, Arizona and Nevada. For more information, visit https://icuracao.com, *https://icuracao.com/beat and https://icuracao.com/fundacion
Sources: Company Materials and Publicly Available Information.
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“Stephens” (the company brand name) is a leading family-owned independent financial services firm. Stephens’ US operations are headquartered in Little Rock, AR, with strategic locations in the US and a European presence in the UK and Germany. Stephens Inc. is a Member of the New York Stock Exchange and the Securities Investor Protection Corporation and is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority. Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024) is authorised and regulated by the Financial Conduct Authority.
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