Crystal Financial Provides $60MM Facility for True Religion
Crystal Financial closed a $60 million senior credit facility for True Religion Apparel.
November 21, 2019
Crystal Financial | True Religion Jeans
nadine
Crystal Financial closed a $60 million senior credit facility for True Religion Apparel.
After filing a voluntary Chapter 11 petition in the U.S. Bankruptcy Court of Delaware, True Religion Jeans secured stakeholder support for a comprehensive financial recapitalization of the company’s capital structure. Citizens Bank will provide up to $60 million post-petition DIP to support the RSA.