JOANN Emerges from Restructuring Process with $153MM Exit Financing
JOANN emerged from its court-supervised financial restructuring process and has substantially reduced its funded debt by half. The company further enhanced its liquidity through a $153 million exit financing facility that replaces the previously-announced debtor-in-possession financing.
May 1, 2024
Chapter 11 | Chris DiTullio | Exit Financing Facility | JOANN | Scott Sekella
Brianna Wilson