Xcel Brands Announces $100 Million Refinancing
Share Xcel Brands, owner of fine jeweler Judith Ripka as well as fashion brands C. Wonder, Isaac Mizrahi, Logo by Lori Goldstein, Halston, and Highline, has refinanced its credit facility to the tune of $100 million. The refinancing includes a $25 million term loan under BHI and First Eagle Alternative Credit, and an additional $25 million for acquisitions. A separate loan by First Eagle Alternative Credit will provide an additional $50 million. The loans are subject to lender approval. Robert W. D’Loren, Xcel Brands’ chairman and CEO, said in a statement that he welcomes the partnership ...