Francesca’s Clothing Chain Approved for Bankruptcy Sale
The buyers of Francesca’s remaining specialty retail business will keep at least 275 of its boutiques open, and retain the management team and nearly all other employees
By Aisha Al-Muslim
Jan. 21, 2021 5:25 pm ET
Specialty retailer Francesca’s Holdings Corp. has won court approval to sell its remaining business out of bankruptcy to a group of buyers that plan to keep […]
Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process
Houston-based specialty apparel retailer Francesca’s Holding Corp. is one step closer to selling its business to a private investor.
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The U.S. Bankruptcy Court fo the District of Delaware has approved the company’s auction process, Francesca’s announced Jan. 8. Bids are due by 4 p.m. Eastern Time on Jan. 13, […]
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Specialty retailer rue21 (r21 Holdings, Inc.) announced that its strong financial position has enabled it to refinance its existing term loan, increase available liquidity and lower its cost of capital. rue21 amended its asset based credit facility to increase availability to $155mm due 2025 led by Bank of America, N.A. The amendment […]
Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital
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“Nu-Steel is thrilled with the opportunity to partner with Tiger on the growth of our business,” Larry Dobos, CEO and president of the global trader of […]
Tiger Group MD Named to SFNet’s ‘40 Under 40’
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“The SFNet 40 Under 40 Awards, established in 2016, celebrate the achievements of young professionals in the secured finance industry — […]
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