Saks.com has upsized its existing asset-based revolving credit facility arranged by Bank of America increasing borrowing capacity from $350 million to $450 million. Concurrently, Saks upsized its senior secured term loan facility, of which Pathlight...
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August 18, 2022, 07:53 AM
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Saks.com ("Saks") closed on a syndicated $350 million asset-based five-year revolving credit facility arranged by Bank of America, and a $115 million Senior Secured Term Loan arranged by Pathlight Capital.Vince Phelan, Chief Financial Officer of Saks...
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May 13, 2021, 07:05 AM
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Hudson's Bay Company has announced plans for a U.S.$1.25 billion, 20-year mortgage on the ground portion of its Saks Fifth Avenue flagship in New York City, located at 611 Fifth Avenue (the “Saks Ground Mortgage”). This transaction is expected to...
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November 25, 2014, 07:07 AM
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