SLR Credit Solutions closed a $20.5 million senior secured term loan in concert with a $20 million revolving line of credit for Oscar de la Renta, which used proceeds from the transaction to refinance existing debt and provide for enhanced flexibility.
SLR Credit Solutions promoted Jimmy Andreoli to assistant vice president, Matthew Dunn to vice president and Michael Russell to managing director.
SLR Credit Solutions served as agent on a $35 million senior term loan for bebe stores, a global specialty licensor of apparel and accessories, and served as co-lender on a $200 million senior facility for Maurices, a women’s “hometown” apparel retailer.
bebe stores entered into a credit agreement providing for a five-year senior secured term loan of $25 million with an additional drawdown capacity of up to $10 million with SLR Credit Solutions. bebe stores will use proceeds of the financing to retire its existing secured term loan of $22 million.
SLR Credit Solutions closed a $130 million senior secured last out term loan for Revlon, which used proceeds from the transaction to refinance existing debt and to provide enhanced liquidity and flexibility.
SLR Credit Solutions promoted Kenny Smith to senior managing director, George Vartanov to vice president and Matthew Dunn to assistant vice president.