Deal Summary

Franchise Group

$250,000,000

Debtor-in-Possession (DIP) Financing

First Lien Lender Group

Deal Notes:

$250MM DIP financing under RSA to support chapter 11 restructuring; RSA includes equitization of first lien debt
FRG brands (Pet Supplies Plus, The Vitamin Shoppe, Buddy’s) continue operations; American Freight winding down

Industry:

Retail

Role:

DIP Financing Lender

Event:

Turnaround

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