Tag Archives: Pier 1 Imports

A&G Delivers $1.68B in Occupancy-Cost Savings for Clients in First 9 Months of 2020

A&G Real Estate Partners delivered $1.68 billion in occupancy-cost reductions for 51 retailers, restaurants, educational users, office tenants and fitness and entertainment operators in the first nine months of 2020.

BofA, Pathlight Allow DIP Overdraw as Pier 1 Pursues Wind‑Down of Business Ops

Pier 1 Imports is seeking bankruptcy court approval for a wind-down of its retail operations. The company’s DIP lenders, including Bank of America and Pathlight Capital, agreed to allow Pier 1 to overdraw the DIP facility by approximately $40 million to support continued operations.