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Cache enters $30 million credit facility


New York – Cache Inc. has entered into a new, three year, $30 million revolving credit facility with Salus Capital Partners LLC. The new facility replaces the company’s existing $25 million revolving credit facility with Wells Fargo Bank, National Association.

“We are pleased to have secured this new credit facility with Salus Capital, which improves our financial flexibility as we continue to implement our turnaround plan to position Cache for profitable growth,” said Jay Margolis, chairman and CEO Cache.

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