Asset Acceptance Capital is seeking to refinance $250 million worth of loans, Crain’s Detroit Business reports, citing Bloomberg. JPMorgan Chase is providing debt, which will refinance $250 million of facilities put in place in 2007. The purchaser and collector of defaulted consumer loans has about $133 million outstanding under a $150 million term loan due June 2013. The Warren, Michigan-based company also has a $100 million line of credit that matures in June 2012.

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