Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), announced today it acted as sole lead arranger and book runner on an expanded five year, $90 million senior secured credit facility for Chewy, Inc., America’s leading specialty...
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February 01, 2017, 07:43 AM
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Great American Capital Partners, LLC, a wholly owned subsidiary of B. Riley Financial Inc. (RILY), has entered into an agreement with Eleven James, Inc., -- a provider of luxury timepieces -- to provide a $20 million senior secured term loan to be...
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January 12, 2017, 07:45 AM
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Bloomberg reports Nine West Holdings Inc.’s senior lenders have agreed to lift a loan restriction in order to give the struggling footwear chain breathing room to get through the holiday season, according to people with knowledge of the matter.The...
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October 26, 2016, 08:01 AM
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Wells Fargo Capital Finance announced it acted as sole lead arranger and book runner on a $100 million senior secured credit facility that will be used for the acquisition of Performance Bicycle by Advanced Sports, one of the leading bicycle...
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August 17, 2016, 07:49 AM
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Encina Business Credit, LLC (EBC) announced Bill Kearney has joined the company as Senior Managing Director to lead its expansion into retail finance on a national basis. Kearney will be targeting retailers across a wide range of market segments that...
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April 05, 2016, 08:01 AM
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CIT Group Inc. announced that CIT Corporate Finance served as administrative agent on a $40 million senior secured asset-based revolving credit facility for TowerBrook Capital Partners L.P., a private equity firm. The financing was used to facilitate...
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May 21, 2015, 07:48 AM
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TD Bank announced that its Asset Based Lending (ABL) Group was recently selected by Brooks Brothers as Joint Lead Arranger in a $250 million credit facility. The amount of TD’s commitment and terms of the financing were not disclosed. Founded in 1818...
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January 06, 2015, 07:34 AM
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Citizens Commercial Banking’s Convenience and Retail Fuel Finance Group recently closed on a large five-year credit facility with Buchanan Energy LLC, a leading convenience store operator in the Chicago area. Buchanan Energy supplies 83 Exxon/Mobil...
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September 30, 2014, 07:32 AM
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Wells Fargo Capital Finance acted as joint lead arranger on a $180 million senior secured credit facility for Vestis Retail Group to acquire Sport Chalet, Inc., a specialty sports retailer with 50 stores in the Western United States. Vestis Retail...
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August 21, 2014, 08:09 AM
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GE Capital, Corporate Retail Finance is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility. The financing will be used to support the company’s recent acquisition by Sailing...
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July 22, 2014, 07:46 AM
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Multi-channel retailer Brookstone, Inc. ("Company") announced that Sailing Innovation (US) Inc., a consortium led by Sailing Capital Overseas Investment Fund, LP, along with a financing commitment from GE Capital, has been selected as the winning...
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June 04, 2014, 07:38 AM
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ALCO Stores, Inc. announced that Wells Fargo Capital Finance acted as administrative agent on a $125 million senior secured revolver, $5 million real estate term loan and $12.5 million term loan, which ALCO Stores will use for working capital and...
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June 03, 2014, 07:39 AM
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Aeropostale, Inc., a mall-based specialty retailer of casual apparel for young women and men, has signed a commitment letter with Sycamore Partners and its affiliates for a strategic partnership and $150 million in senior secured credit facilities....
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March 14, 2014, 07:14 AM
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Wells Fargo Capital Finance acted as sole lead arranger and book runner on a $55 million senior secured revolving credit facility that will be used for working capital and general corporate purposes for Evergreen Enterprises of Virginia, LLC, which...
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January 17, 2014, 07:36 AM
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Wells Fargo Capital Finance announced that Adam Davis, director in the Retail Finance division, has been promoted and will be joining the team responsible for originating asset-based lending transactions for retail industry clients. He previously...
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October 30, 2013, 07:49 AM
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Wells Fargo Capital Finance Corporation Canada has acted as administrative agent and sole lender to a $60 million senior secured credit facility for SAIL Outdoors, Inc. which will use the financing for working capital and general corporate...
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April 04, 2013, 07:46 AM
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Wells Fargo Capital Finance announced that through its Retail Finance unit, it is leading a new $1 billion senior secured, asset-based revolving credit facility for SUPERVALU, a leading grocery wholesaler and retailer. Wells Fargo Bank, N.A. will...
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March 22, 2013, 08:08 AM
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The Associated Press reports that retailer JCPenney Co. has amended its bank credit facility to increase its borrowing capacity as it looks to finance its multiyear transformation. The department store chain it expanded the credit facility to $1.85...
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February 13, 2013, 08:01 AM
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Design Within Reach announced the completion of a loan agreement with the Retail Finance Division of Wells Fargo Capital Finance. The five-year agreement for a $22.5 million senior secured revolving credit facility replaces the current $17.5 million...
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November 29, 2012, 08:32 AM
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Orchard Supply Hardware Stores Corp. closed on a new five-year senior secured credit facility consisting of a $120.0 million revolving credit facility and a $7.5 million FILO term loan, with Wells Fargo Capital Finance and Bank of America. The new...
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October 18, 2012, 08:00 AM
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Wells Fargo Capital Finance acted as left lead arranger and administrative agent and, together with the other arrangers, underwrote a $1.65 billion senior secured, asset-based revolving credit facility for SUPERVALU INC. The facility refinances a...
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September 06, 2012, 08:00 AM
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Salus Capital Partners provided a $21.5 million senior-secured credit facility to a newly created company to purchase certain assets from one of North America’s leading retailer of apparel and accessories. The financing will also be used as working...
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August 06, 2012, 06:00 AM
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Wells Fargo Capital Finance arranged and agented a new five-year $200 million senior secured, asset-based revolving credit facility as part of a recapitalization for Barneys New York. The facility will be used for ongoing working capital...
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July 02, 2012, 06:00 AM
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