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Home Deal Announcements

SLR Credit Solutions Closes $235MM in Financing for bebe stores and Maurices

byIan Koplin
September 23, 2021
in Deal Announcements

SLR Credit Solutions served as agent on a $35 million senior term loan for bebe stores, a global specialty licensor of apparel and accessories that also owns investments in Brookstone and operates 55 rent-to-own Buddy’s Home Furnishings franchises. The flexible structure allowed for increased shareholder dividends and growth capital for the Buddy’s concept.

SLR Credit Solutions also served as co-lender on a $200 million senior facility for Maurices, a women’s “hometown” apparel retailer. The transaction refinanced existing debt at a lower capital cost while providing a sponsor dividend.

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