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Citizens Provides New $20MM Credit Facility to Oscar de la Renta

March 11, 2022, 08:00 AM
Filed Under: Apparel

Citizens provided a $20 million revolving line of credit to New York-based luxury fashion retailer Oscar de la Renta.

“Citizens bankers are trusted partners who listened to us, brought great ideas and believed in our growth plans,” said Alex Bolen, CEO of Oscar de la Renta. “The Citizens team has deep knowledge of the retail landscape and their close attention to detail made for a seamless execution.”

“At Citizens, we think about the needs of our clients from their point of view,” said Jaime Ward, Head of Retail Finance at Citizens. “Providing loans so our clients can expand, create jobs and strengthen our communities is one of the ways that Citizens delivers substantial value for our clients and our communities.”

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