The Bon-Ton Stores, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company’s 8.0% Second Lien Secured Notes...
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April 19, 2018, 08:00 AM
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The Bon-Ton Stores, Inc. announced that it has received a signed letter of intent from an investor group composed of DW Partners, Namdar Realty Group (including its partner Mason Asset Management) and Washington Prime Group (the "investor group")...
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April 10, 2018, 07:14 AM
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The Bon-Ton Stores began store closing sales on February 1 at 42 select locations as part of the company’s recently announced store rationalization program and Chapter 11 Bankruptcy filing on February 6, 2018 The in-store sales will take place at Bon...
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February 21, 2018, 07:10 AM
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The Bon-Ton Stores, Inc. announced that the company and its subsidiaries have filed voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District...
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February 05, 2018, 07:30 AM
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The Bon-Ton Stores, Inc. announced that it has entered into forbearance agreements with its ABL Credit Agreement lenders and an ad hoc group of holders of approximately 75% in aggregate principal amount of the Company's 8.0% Second Lien Secured Notes...
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January 17, 2018, 07:44 AM
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The Bon-Ton Stores, Inc. announced that it has amended its $880 million ABL Tranche A and Tranche A-1 credit facility, providing the Company with immediate flexibility and substantial additional liquidity under its current credit facility.According...
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October 25, 2017, 07:20 AM
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Crystal Financial acted as documentation agent for a $150 million second lien term loan and anchored the tranche with a $30.0 million commitment. This facility refinanced upcoming maturing debt and provided incremental liquidity.
Bon-Ton Stores, Inc...
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October 28, 2016, 07:14 AM
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