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J.Jill Vendors Will Get Paid Under Long-Awaited Restructuring

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J.Jill’s financial saga has finally turned a corner. After five extensions of a forbearance agreement, the women’s specialty apparel chain finally received an early holiday gift from lenders, which agreed to throw the retailer the equivalent of a “stay out of bankruptcy” card as it moves forward with a financial restructuring plan. Term loan lenders…

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