Iconix Secures New Credit Facility
In order to enhance liquidity and boost the capital structure, Iconix Brand Group, Inc. (NASDAQ:ICON) has agreed to a $150 million secured revolving credit facility of two years. Iconix h with Barclays Capital, a unit of Barclays Plc (NYSE:BCS), Goldman Sachs Bank USA, a wing of The Goldman Sachs Group, Inc. (NYSE:GS), and GE Capital [...]
In order to enhance liquidity and boost the capital structure, Iconix Brand Group, Inc. (NASDAQ:ICON) has agreed to a $150 million secured revolving credit facility of two years.
Iconix h with Barclays Capital, a unit of Barclays Plc (NYSE:BCS), Goldman Sachs Bank USA, a wing of The Goldman Sachs Group, Inc. (NYSE:GS), and GE Capital Markets, a part of General Electric (NYSE:GE). The facility will thus offer capital at a low cost.
Iconix’s board has recently authorized a program to repurchase up to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards