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Signet Jewelers subsidiaries enter servicing agreements

Two subsidiaries of Signet Jewelers Ltd. entered into servicing agreements with Genesis Financial Solutions Inc.

Genesis will service Sterling Jewelers Inc.'s nonprime accounts and Zale Delaware Inc.'s second-look credit card program. The companies agreed on a five-year term subject to automatic renewal for successive two-year terms.

Sterling will pay Genesis a monthly servicing fee per account.