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SELECTED TRANSACTION DETAILS
PNC Bank Provides $45MM Revolving Credit Facility to AVENUE Stores
Friday, April 19, 2019

Lenders/Participants PNC Bank [Lender]
Structure Revolver
Amount $45.000 Million
Borrower(s) AVENUE Stores
Description A new revolving credit facility was provided by PNC Bank, N.A., to retire AVENUE®’s existing term loan, which will fund ongoing liquidity and working capital needs and support the Company’s strategic plans. Transaction details not disclosed.
Industry Retail
Related Tags PNC Bank




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