BofA, FS/KKR Support Sequential Brands Debt Refi

Sequential Brands Group entered into an amended credit agreement with its existing lenders, led by Bank of America and certain funds managed by FS/KKR Advisor.

Joe’s Jeans Completes Sale of Brand, Retires Term Loan

Joe’s Jeans completed a sale of certain operating and intellectual property assets related to the Joe’s brand for $80 million. Proceeds were used to repay its term loan with Garrison Loan Agency Service.

BofA Leads Financing of IP Company Acquisition by Sequential

Sequential Brands said it acquired the intellectual property management company that owns two consumer lifestyle brands in a cash and stock deal. Bank of America was said to have led a $45 million financing effort for the company.