Adapting to ongoing shifts in consumer behavior is key to recovering asset value, advises Michael McGrail in Q&A with ABL Advisor. Retailers’ store-closing and going-out-of-business sales are performing better than expected—especially in categories...
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October 22, 2020, 04:00 PM
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Barneys New York, the luxury specialty retailer, announced it has secured approximately $218 million in new financing from Brigade Capital Management, LP and B. Riley Financial, Inc. to facilitate a going concern sale process.This new agreement...
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August 08, 2019, 09:05 AM
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Barneys New York, the luxury specialty retailer, announced that it has secured $75 million in new capital to facilitate a going concern sale process. In connection with the sale process, Barneys New York has voluntarily filed for reorganization under...
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August 07, 2019, 08:00 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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