Brief: The Children’s Place Announces $90 Million in New Unsecured Financing Provided by Majority Shareholder Mithaq Capital
April 17 (Reuters) - Children's Place Inc PLCE.O :
* THE CHILDREN’S PLACE ANNOUNCES $90 MILLION IN NEW
UNSECURED
FINANCING PROVIDED BY MAJORITY SHAREHOLDER MITHAQ CAPITAL
* CHILDREN'S PLACE-TO USE PROCEEDS OF NEW MITHAQ TERM LOAN
TO
REPAY EXISTING $50 MILLION TERM LOAN UNDER AMENDED,RESTATED
CREDIT AGREEMENT DATED MAY 9, 2019
Source text for Eikon: ID:nGNXkrq4P
Further company coverage: PLCE.O
((Reuters.Briefs@thomsonreuters.com;))
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