Bank of the West, part of BNP Paribas Group, led the financing for the acquisition of Ste. Michelle Wine Estates by the private equity firm Sycamore Partners Management (SPM). SPM purchased Ste. Michelle Wine Estates for $1.2 billion, making it the...
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November 18, 2021, 07:52 AM
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Belk has entered into a Restructuring Support Agreement (the "RSA") with its majority owner, Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, and holders of over 75% of its first lien term loan...
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January 28, 2021, 07:30 AM
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Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), announced they acted as administrative agent, bookrunner, and syndication agent for several separate asset-based credit facilities totaling $2.2 billion in connection with the...
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September 13, 2017, 08:02 AM
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Placing a bet on the struggling retail sector, New York-based private equity firm Sycamore Partners has reached a definitive agreement to acquire Staples, Inc. for $10.25 per share in cash, or approximately $6.9 billion. Under the terms of the merger...
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June 29, 2017, 08:00 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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Reuters reports that bankrupt teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into...
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July 25, 2016, 07:54 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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