Brief: Xcel Brands Announces $100 Million Refinancing And Acquisition Facility

XCel Brands

15/04/2021 21:52

April 15 (Reuters) - Xcel Brands Inc  XELB.O :
    * XCEL BRANDS ANNOUNCES $100MM REFINANCING AND ACQUISITION
FACILITY
    * XCEL BRANDS - REFINANCING PROVIDES AN INITIAL $25 MILLION
TERM
LOAN UNDER A FACILITY, UP TO AN ADDITIONAL $25 MILLION FOR
ACQUISITIONS
    * XCEL BRANDS - REFINANCING SEPARATELY PROVIDES AN
ADDITIONAL $50
MILLION ACQUISITION FACILITY

Source text for Eikon:  ID:nGNXk9tRC 
Further company coverage:  XELB.O 

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