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Restructuring Brings Much-Needed Changes at J.Jill

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J.Jill Inc. finally completed its out-of-court financial restructuring with lenders. The transaction closed on Sept. 30. Under the terms of the agreement with lenders, the women’s specialty retailer receives at least $15 million in new capital, while the maturity of certain of its term loan debt has been extended to May 2024. J.Jill says the…

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