Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

http://ahweb.adsale.com.hk/t.aspx?unt=2396-ZhejiangTex14_TextileWorld
http://www.expoproduccion.mx/Content/Exhibitors/24/
http://ahweb.adsale.com.hk/t.aspx?unt=2354-STX15_TextileWorld
http://www.schlafhorst.saurer.com
http://www.textileservicesonline.com
http://www.textileworld.com/careers/index.html
http://www.textileworld.com/Store/Books/index.html
http://www.textileworld.com/forms/newsletter.html
September/October 2014 Sept/Oct 2014

View Issue  |

Subscribe Now  |

Events

10th International Conference on Geosynthetics
09/21/2014 - 09/25/2014
01/31/2014 - 01/31/2014

Outlook™ 2014
09/24/2014 - 09/26/2014

Cinte Techtextil China
09/24/2014 - 09/26/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Knitting / Apparel

Apparel Groups Secure Financing Deals

Jones Apparel Group, Bristol, Pa., has obtained a $700 million, three-year revolving bank credit facility that the group plans to use for working capital, letters of credit and other general corporate purposes. J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. were joint lead arrangers for the facility.Maidenform Inc., Bayonne, N.J., recently gained a secured $60 million, three-year revolving line of credit through Congress Financial Corp. The company will use the credit facility to expand its retail presence and to focus resources on the Maidenform brand.Innovo Group Inc., Commerce, Calif., has signed a new financing facility with CIT Commercial Services that provides more favorable interest and factoring rates, and removes fixed caps associated with its inventory-based line of credit. The company can now borrow against its inventory up to an amount equal to its eligible receivables. The new agreement also provides a letter of credit facility.

July 2003




Advertisement

http://www.staubli.us/