PNC Agents Crocs Facility Upsize to $100MM

Crocs and its subsidiaries amended its credit facility agented by PNC Bank to increase the aggregate amount from $80 million to $100 million.

Moelis & Co Advises Crocs on $200MM Blackstone Investment

Reuters reported that Crocs said Blackstone Group is making a $200 million investment that will give the private equity firm a 13% stake in the company. Moelis & Co acted as financial advisor, and Perkins Coie provided legal counsel for Crocs.