Eddie Bauer has employed financial investment banks Guggenheim Partners LLC as well as Financo LLC to explore critical options, unrevealed sources informed Reuters Friday. A requestAn ask for remark to Eddie Bauer from Retail Dive weren’t right away returned. Proprietor Golden Entrance Funding declined to comment to Retail Dive.
The having a hard time exterior apparel merchant is also looking for relief from a $225 million term loan due in 2020 and also $200 million revolving credit scores line that comes due in 2019, according to the record.
Early in 2014, Eddie Bauer came close to being gotten by menswear business Jos. A Bank, inking a bargain commonly viewed as a chess relocation in Jos. A Financial institution’s tussle with Male’s Wearhouse. The last did inevitably acquire the discount fit business, paying Eddie Bauer a separation cost rather of relocating ahead with a requisition Eddie Bauer has actually employed financial investment banks Guggenheim Partners LLC and also Financo LLC to explore strategic choices, unnamed resources told Reuters Friday. A demand for comment to Eddie Bauer from Retail Dive just weren’t immediately returned. Early in 2014, Eddie Bauer came close to being acquired by menswear business Jos. A Financial institution, inking a deal widely seen as a chess step in Jos. A Financial institution’s tussle with Men’s Wearhouse.