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Article: La Salsa Holding Company Secures $10 Million Credit Facility.
- Article from:
- PR Newswire
- Article date:
- February 25, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES, Feb. 25 /PRNewswire/ -- Announcement was made today by La Salsa Holding Company, whose La Salsa Fresh Mexican Grill is the nation's fastest growing and most popular restaurant purveyor of quick-service, customized Mexican fare, that the company has closed on a $10 million line of credit provided by BankBoston. The funds will be used for acquisitions and general corporate purposes.
"The credit facility greatly enhances La Salsa's ability to pursue important and rapidly-emerging expansion opportunities," stated Steven Selcer, COO of La Salsa. "The new credit facility also supports internal development and contributes to La Salsa's overall financial ...