WWD.com/retail-news/financial/pacific-sunwear-gets-golden-gate-lifeline-5417760

financial

December 7, 2011

Pacific Sunwear Gets Golden Gate Lifeline

Retailer secures a key $60 million five-year term loan from Golden Gate Capital, plans to cut 20 percent of store base.

By Alexandra Steigrad

financial/news

Struggling teen retailer Pacific Sunwear Inc. on Wednesday snagged a key $60 million five-year term loan from Golden Gate Capital and said it would use a portion of that money to help it close upward...

Pacific Sunwear Gets Golden Gate Lifeline

Retailer secures a key $60 million five-year term loan from Golden Gate Capital, plans to cut 20 percent of store base.

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