Daily News: January 14, 2013

BofA Business Capital Agents, Refinances Haggar ABL Facility


Bank of America Business Capital, as sole lender and administrative agent, refinanced a $100 million asset-based credit facility for Haggar Clothing, Haggar Women’s Wear and Haggar Direct. Proceeds will be used for general working capital purposes.

Dallas, TX-based Haggar Clothing is a manufacturer and provider of casual pants, dress pants and suit separates.

Bank of America Business Capital is an asset-based lender, with more than 10 primary offices serving the United States, Canada and Europe.

Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation.