Posted On: 05/05/2016 4:19:27 PM
Post# of 23091
$AROPQ
Law360, New York (May 5, 2016, 3:51 PM ET) -- A New York federal judge on Thursday gave teen apparel retailer Aeropostale initial approval to borrow up to $100 million from lenders over an objection from a major secured creditor, saying the new capital will give the company time to determine whether it will proceed with a standalone restructuring or sell the business.
Law360, New York (May 5, 2016, 3:51 PM ET) -- A New York federal judge on Thursday gave teen apparel retailer Aeropostale initial approval to borrow up to $100 million from lenders over an objection from a major secured creditor, saying the new capital will give the company time to determine whether it will proceed with a standalone restructuring or sell the business.
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