Wells Fargo, GBFC Agent DIP for Samuels Jewelers

Samuels Jewelers filed for Chapter 11 protection for the fourth time. The Austin, TX-based retailer was controlled by Mehul Chinubhai Choksi, the uncle of fugitive jewelry designer Nirav Modi, both of whom are wanted by Indian authorities in connection to an alleged multibillion-dollar bank fraud.

GB Credit Partners Provides Term Loan to Samuels Jewelers

GB Credit Partners announced it provided a $10 million term loan behind a senior credit facility to Samuels Jewelers. The financing is supported by a second lien on Samuels’ inventory and receivables.

GE Capital Provides $100MM Facility for Samuels Jewelers

GE Capital, Corporate Retail Finance said it is administrative agent and sole lender on a $100 million senior secured credit facility for Samuels Jewelers.