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Pathlight Capital And Saks Announce $115M Senior Secured Term Loan Facility

May 13, 2021•over 4 years ago
Boston

Description

Pathlight Capital LP and Saks.com LLC ("Saks" or the "Company") have completed a $115,000,000 Senior Secured Term Loan Facility for the company, of which Pathlight serves as the administrative agent.

Company Information

Company

Pathlight Capital

Location

Boston, Massachusetts, United States

About

Pathlight Capital is a private credit investment manager dedicated to meeting the needs of companies that operate across a broad range of industries by providing asset-based loans secured on a first or second lien basis against tangible and intangible assets. Pathlight aims to provide creative financing solutions to allow management teams to access incremental liquidity for the purposes of funding working capital, debt refinancings, growth, acquisitions, dividends and turnaround strategies. For more information, please visit www.pathlightcapital.com.