January 4, 2018 / 10:38 PM / 5 months ago

BRIEF-Easterly Acquisition And JH Capital Announce $125 Mln Financing Led By Fortress

Jan 4 (Reuters) - Easterly Acquisition Corp:

* EASTERLY ACQUISITION CORP AND JH CAPITAL ANNOUNCE $125 MILLION FINANCING LED BY FORTRESS

* EASTERLY ACQUISITION CORP - ‍FINANCING WILL ENABLE JH CAPITAL TO PURCHASE $1 BILLION FACE VALUE OF CONSUMER DEBT RECEIVABLES BEGINNING IN Q1 OF 2018​

* EASTERLY ACQUISITION CORP - ‍JH CAPITAL NOW EXPECTS PURCHASES OF $75 MILLION DURING Q1 OF 2018 ALONE​ Source text for Eikon: Further company coverage:

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