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Saks.com : New financing arrives in its growth target

Saks.com : New financing arrives in its growth target

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E-commerce platform specialized in luxury goods Saks.com has entered into a five-year asset-based revolving credit facility in the amount of $350 million arranged by Bank of America. It also closed a 115 million dollar senior secured term loan arranged by Pathlight Capital LP.

 

Saks.com, an online shopping platform for men and women, offers many categories of luxury goods, including leather goods, shoes, accessories, ready-to-wear and more. A multitude of designers are present on the Saks Fifth Avenue platform such as Prada, Fendi, Alexander McQueen, Zimmermman, Christian Louboutin…

 

 

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