As it looks to address costs and lagging sales, Big Lots has increased its borrowing capacity by up to $200 million with a new FILO term loan facility through 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Capital. The loan significantly enhances Big Lots’...
In a new attempt to revive its financial prospects, Bed Bath & Beyond has announced the pricing of an underwritten public offering that includes shares of the company’s Series A convertible preferred stock, warrants to purchase shares of Series A Convertible...
Tuesday Morning Corp. has entered into an agreement to secure $32 million in convertible debt financing to help initiate a plan to turnaround the off-price retailer. The debt financing comes from a special purpose vehicle formed by Retail Ecommerce Ventures LLC,...
