American Apparel Inc. has found a new creditor, swapping out an expiring bank credit facility for a more expensive loan and credit facility with a syndicate led by a George Soros-backed fund.
financial
financial
March 13, 2012
American Apparel Taps Pricy New Financing
The financially strapped Los Angeles specialty retailer was thrown an $80 million lifeline by Boston-based Crystal Financial LLC and Salus Capital Partners LLC.
financial/news
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