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SELECTED TRANSACTION DETAILS
JP Morgan Chase, Goldman Provide $90MM in Versa’s Recap of AVENUE
Thursday, October 30, 2014

Lenders/Participants JPMorgan Chase Bank [Lender]
Goldman Sachs [Lender]
Structure Term Loan and Revolver
Amount $90.000 Million
Borrower(s) AVENUE Stores, LLC, a portfolio company of Versa Capital Management
Description A $90 million term loan and revolving credit facility that provided a substantial dividend to equity holders while leaving the previously debt-free company with only a modest leverage level and ample liquidity to support AVENUE’s continued growth and expansion.
Industry Retail
Related Tags Goldman Sachs, JPMorgan Chase