Dollar Financial completes debt sale

Dollar Financial Corp. of Berwyn said its Canadian unit, National Money Mart Co., completed the sale of $600 million in debt securities paying 10.375 percent interest annually.

Part of the proceeds was used to prepay older debt, and part was used to complete the purchase of Dealers' Financial Services L.L.C., of Lexington, Ky.

Dollar Financial is a check-cashing and payday-lending company.       - Paul Schweizer