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Restoration Hardware Issues $2B in New Debt

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Restoration Hardware’s (RH) new debt financing gives the home furnishings retailer additional funding to expand its post-pandemic market share. “This $2.0 billion debt financing creates substantial optionality as we continue to invest in positioning RH as a market defining, global luxury brand,” RH chairman and CEO Gary Friedman said. “The Term Loan represents an attractive…

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