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News Stories (21 Results) - Apparel

PNC Bank, National Association, has closed a $140 million senior secured credit facility to support Maryland-based Ames Watson’s acquisition of Lids Sports Group (LSG). PNC Bank served as administrative agent.Founded in 1992, Indianapolis-based LSG... Read Story
February 22, 2019, 08:00 AM


Editor's Note: On Friday, February 8, 2019, ABL Advisor inaccurately reported the restructuring facility amount provided by Citizens Bank. The correct amount is $105 million. We apologize for this error. FULLBEAUTY Brands Holdings Corp. announced... Read Story
February 11, 2019, 07:13 AM


Charlotte Russe Holdings Corporation together with its subsidiaries announced that the Company has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on February 3, 2019.... Read Story
February 05, 2019, 07:32 AM


Cherokee Global Brands, a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced its amended credit facility. On January 30, 2019, Cherokee entered into a second amendment to its senior secured... Read Story
February 01, 2019, 07:36 AM


Super G provided a seasonal second lien term load to a designer, marketer and manufacturer of specialty dancewear. The company had recently established an inventory based credit facility with Crossroads Financial to fund general working capital... Read Story
January 31, 2019, 07:19 AM


Perry Ellis International, Inc. announced the successful completion of its acquisition by an entity controlled by George Feldenkreis in which Perry Ellis has become a private company through a $437 million transaction. The transaction was financed... Read Story
October 25, 2018, 08:00 AM


Sallyport Commercial Finance delivered a $7,500,000 combined credit facility that includes an Accounts Receivable Line, Inventory Line and Term Loan to a family owned apparel company with over 30 years of experience.  The business breached several... Read Story
September 24, 2018, 07:21 AM


Sallyport Commercial Finance arranged a $3,250,000 combined credit facility offering an Accounts Receivable line, Purchase Order facility and Inventory facility to help an apparel company refinance their existing senior credit facility and provide... Read Story
September 19, 2018, 07:35 AM


PNC Bank, National Association, announced the closing of a $106.5 million senior secured facility for R.G. Barry Corporation. A fund managed by GSO Capital Partners LP participated as an anchor investor for a portion of the unitranche facility. PNC... Read Story
September 18, 2018, 07:15 AM


Christopher & Banks Corporation and its two subsidiaries, Christopher & Banks, Inc. and Christopher & Banks Company entered into a second amendment (the “Second Amendment”) to its existing credit facility ( the “Credit Facility”) with Wells Fargo... Read Story
August 27, 2018, 09:00 AM


Gordon Brothers Finance Company and Gordon Brothers announced that they have closed on a refinancing deal to Cherokee Global Brands. The term loan is secured by the company’s intellectual property, including the Cherokee, Hi-Tec, Magnum, Tony Hawk... Read Story
August 07, 2018, 07:23 AM


Encina Business Credit, LLC (EBC) announced that it has provided a $20 million asset-based revolving credit facility to Heritage Travelware, Ltd. Based in Elgin, IL, Heritage is a designer and distributor in the business case, luggage and travel... Read Story
June 06, 2018, 07:07 AM


White Oak Commercial Finance, LLC (WOCF) announced that it has provided a $15 million factoring facility to Mias Fashion, an innovative leader in the full package apparel manufacturing and global sourcing. Since 1999, Mias Fashion has efficiently... Read Story
November 02, 2017, 07:40 AM


Sterling National Bank provided credit facilities totaling $19 million to Alex Apparel Group (Alex Apparel) to complete its acquisition of Sally Lou Fashions Corp. In addition to the acquisition, the facility will be used by the company to provide... Read Story
September 19, 2017, 07:17 AM


AloStar agented and led a multibank, revolving credit facility for Heritage Holdco Inc., a national distributor of wholesale sports apparel based in Hebron, Ohio. Heritage Holdco Inc. is a Schumacher Capital LLC company.“The team at AloStar worked... Read Story
June 06, 2017, 07:23 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the continued growth of Hanna Andersson by a prestigious private equity sponsor.Founded in 1983 and based in Portland... Read Story
November 15, 2016, 07:33 AM


King Trade Capital announced the recent funding of a $4 million purchase order finance facility for a California-based high-end men’s apparel designer and manufacturer.  KTC was contacted by the special situations group of a national asset-based... Read Story
September 15, 2014, 07:12 AM


Capital Business Credit (CBC) announced today that it is providing Ropa Siete Leguas (Ropa) with a $15 million revolving factoring facility.CMT de la laguna, S.A., parent company of Ropa, is the largest jean manufacturer in Mexico, with offices in... Read Story
October 24, 2013, 07:38 AM


Importers and manufacturers who sell to America's major retailers are seeing growth in sales for both the summer and back-to-school seasons, according to Capital Business Credit (CBC), a non-bank lender that services the retail... Read Story
July 15, 2013, 07:29 AM


Frederick's of Hollywood Group announced that Salus Capital Partners, the company's lender, has increased the FILO Advance credit line portion of the company's credit facility by $5.0 million to $14.0 million."By increasing the FILO Advance credit... Read Story
May 30, 2013, 08:02 AM


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... Read Story
August 06, 2012, 06:00 AM