Capital One is serving as administrative agent on a $200 million senior secured asset-based revolving line of credit for Perry Ellis, an owner of retail brands.
Sound Point Capital Management closed a senior secured term loan for a subsidiary of Perry Ellis, an owner of retail brands. Perry Ellis will use the funding to pay down existing debt.
An entity controlled by George Feldenkreis acquired Perry Ellis International through a $437 million transaction. Perry Ellis was subsequently converted into a private company.
Perry Ellis International entered into a definitive merger agreement with a newly formed entity controlled by George Feldenkreis, Perry Ellis’ founder and member of the company’s board of directors. Wells Fargo and Fortress Credit Advisors are providing financing for the transaction.