Skirting Bankruptcy, J.Jill Secures $15 Million To Pay Debts And Fund Business Plan
Retail TouchPoints
SEPTEMBER 15, 2020
The funds will provide “additional liquidity and financial flexibility” for the specialty retailer to meet its obligations to vendors and execute its business plan, the company said in a release. Term loan lenders holding 97.8% Bankruptcy Code. Completion of the transaction, expected to close on or about Sept.
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