Monaco Finance Announces Strategic Initiatives to Bolster Company's Expansion.

Business Wire | September 11, 1998 | Copyright

DENVER--(BUSINESS WIRE)--Sept. 11, 1998--

Pacific USA Holdings Corp. Converts $4.5 Million Monaco Debt To Equity

Matisse Capital Partners Retained As Strategic Advisor For Financing And Acquisitions

Monaco Finance, Inc. (Nasdaq National Market: MONFA), a sub-prime automobile lender, announced today strategic initiatives intended to bolster the Company's expansion.

The Company announced that Pacific USA Holdings Corp., Monaco's largest shareholder, converted $4.5 million of its $5 million outstanding loan to Monaco into 4,698,157 shares of the ...

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