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Zale Corp., the troubled jeweler, received a $150 million loan from Golden Gate Capital, which in return gets warrants to purchase 25 percent of Zale stock and two representatives elected to its board.

The company also struck new agreements for a $530 million credit facility through April 2014, led by Bank of America and for a store-brand Canadian credit card financed by a unit of Toronto-Dominion Bank, Zale said in a statement yesterday. Golden Gate’s financing is a five-year senior secured term loan.

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