FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Bloomberg: Cole Haan Seeks $270 Million Term Loan for Apax Buyout

January 09, 2013, 07:05 AM
Filed Under: Industry News

Cole Haan, a designer and retailer of premium footwear, is seeking a $270 million term loan B backing its buyout by Apax Partner, according to a person with knowledge of the transaction.

Jefferies Group is arranging the financing which will also include a $100 million asset-based revolving line of credit, said the person, who asked not to be identified because the information is private.

Apax is acquiring the New York-based company from Nike Inc. (NKE) for $570 million in cash and the buyout firm will make an equity investment of $300 million, according to the person.

View the entire Bloomberg story.


Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.