Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
The agreement with Capital One Bank brings to an end a series of loans the company took on over the past four years. Lion Capital LLC invested $80 million into the company in 2009, and amended that agreement in 2010. American Apparel then secured another $80 million loan from Crystal Financial in 2012, which replaced an earlier line of credit from Bank of America. The new offering will be used to fully pay off those two loans, with the remainder going toward "general corporate purposes."
0 Comments
View Comments
- Companies:
- American Apparel
Related Content
Comments