Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Tailored Brands Exits Bankruptcy With Fresh Start

Join Sourcing Journal on May 18 at 11 am ET to learn how Cotton USA Solutions helped Tata Textile Mills become more efficient and create a path toward continues improvement.

Men’s retailer Tailored Brands Inc. on Tuesday completed a financial restructuring that also marked its exit from Chapter 11 bankruptcy court protection. The restructuring eliminated $686 million in debt. The company now has an improved capital structure that includes a $430 million asset-based lending facility, a $365 million exit term loan and $75 million of…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!