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Tailored Brands Exits Bankruptcy With Fresh Start

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

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…

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