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Article: GE Capital Co-Agents $400 Million Loan for BCBG Max Azria Group.
- Article from:
- Real Estate & Investment Week
- Article date:
- October 17, 2009
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GE Capital, Corporate Retail Finance announced it acted as co-collateral agent for a $403 million asset-based credit facility to BCBG Max Azria Group, a leading designer, retailer and distributor of women's apparel and accessories. The loan will be used for working capital needs. The facility may be increased up to $450 million if certain conditions are met.
Designer-businessman Max Azria formed Vernon, CA-based BCBG in 1989, and now has more than 13,500 retail and wholesale points of sale worldwide. Named for the French phrase "bon chic, bon genre," Parisian slang meaning "good style, good attitude," BCBG's portfolio of 22 brands includes BCBGMAXAZRIA, Max ...