Dollar Financial Corp. Announces Proposed $250 Million Private Offering of Senior Unsecured Notes

Posted on: Wed, 11 Nov 2009 20:00:00 EST


Symbols: DLLR
BERWYN, Pa., Nov 11, 2009 (BUSINESS WIRE) --
DLLR | Quote | Chart | News | PowerRating -- Dollar Financial Corp. (NASDAQ:DLLR), announced today that it intends,
subject to market and other conditions, to offer through its indirect
wholly owned subsidiary National Money Mart Company, $250 million
aggregate principal amount of senior notes (the "Notes") in a private
offering that is exempt from the registration requirements of the
Securities Act of 1933, as amended (the "Securities Act"). The Notes
will be fully and unconditionally guaranteed, on a senior unsecured
basis, by Dollar Financial Corp. and certain of its current and future
direct and indirect wholly owned U.S. and Canadian subsidiaries.

Dollar Financial Corp. intends to use a portion of the net proceeds of
the offering to finance the previously announced acquisition by its
wholly owned subsidiary, Dollar Financial Group, Inc., of Military
Financial Services, LLC.

The Company expects to commence and consummate the offering in December
2009. The Notes will be offered only to qualified institutional buyers
in reliance on the exemption from registration provided by Rule 144A
under the Securities Act and to certain persons in offshore transactions
in reliance on Regulation S under the Securities Act. The Notes have not
been registered under the Securities Act, or the securities laws of any
state or other jurisdiction, and may not be offered or sold in the
United States without registration or an applicable exemption from the
Securities Act.

This press release shall not constitute an offer to sell or a
solicitation of an offer to purchase the Notes and shall not constitute
an offer, solicitation or sale in any state or jurisdiction in which, or
to any person to whom, such an offer, solicitation or sale would be
unlawful. Any offers of the Notes will be made only by means of a
private offering circular.

About Dollar Financial Corp

Dollar Financial Corp is a leading diversified international financial
services company primarily serving unbanked and under-banked consumers.
Its customers are typically service sector individuals who require basic
financial services but, for reasons of convenience and accessibility,
purchase some or all of their financial services from the Company rather
than from banks and other financial institutions. To meet the needs of
these customers, the Company provides a range of consumer financial
products and services primarily consisting of check cashing, short-term
consumer loans, pawn lending, Western Union money order and money
transfer products, currency exchange, gold buying, reloadable VISA(R) and
MasterCard(R) branded debit cards, electronic tax filing, and bill payment
services.

At September 30, 2009, the Company's global store network consisted of
1,188 stores, including 1,032 company-operated financial services stores
and 156 franchised and agent locations in the United States, Canada,
United Kingdom, Republic of Ireland, and Poland. The financial services
store network is the largest network of its kind in each of Canada and
the United Kingdom and the second-largest network of its kind in the
United States. The Company's customers, many of whom receive income on
an irregular basis or from multiple employers, are drawn to the
convenient neighborhood locations, extended operating hours and
high-quality customer service. The Company's financial products and
services, principally check cashing, money transfer, pawn lending and
short-term consumer loan programs, provide immediate access to cash for
living expenses or other needs. For more information, please visit the
Company's website at www.dfg.com.

Forward Looking Statement

This news release contains forward looking statements. There can be no
assurances that the offering of the Notes will be completed as described
herein or at all. Certain important factors could cause the Company not
to issue the Notes, including the impact of changing economic or
business conditions, the failure of the Company to obtain the required
consent of its senior lenders, unfavorable interest rates and other risk
factors discussed from time to time in the reports filed by the Company
with the Securities and Exchange Commission. You should not place any
undue reliance on any forward-looking statements. We disclaim any
obligation to update any such factors or to publicly announce results of
any revisions to any of the forward-looking statements contained herein
to reflect future events or developments.

SOURCE: Dollar Financial Corp.


Dollar Financial Corp.
Financial Dynamics
Mark McCall/Julie Prozeller, 212-850-5641

For full details on Dollar Financial (DLLR) DLLR. Dollar Financial (DLLR) has Short Term PowerRatings at TradingMarkets. Details on Dollar Financial (DLLR) Short Term PowerRatings is available at This Link.

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