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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Stein Mart, Inc. announced that it has extended and amended its existing revolving credit agreement with Wells Fargo Bank (Wells Fargo) and its term loan agreement with Gordon Brothers Finance Company (GBF). These agreements are coordinated through...
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September 20, 2018, 07:13 AM
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Stein Mart, Inc. announced that it has completed the closing of a Term Loan with Gordon Brothers Finance Company in the amount of $50 million. In connection with entering into the Term Loan, the Company amended its existing Second Amended and...
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March 15, 2018, 07:15 AM
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Stein Mart, Inc. announced that it has entered into a second amended and restated credit agreement with Wells Fargo Bank that will mature in February 2020 and a master loan agreement with Wells Fargo Equipment Finance, Inc. The Credit Facilities...
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February 05, 2015, 07:24 AM
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