Pathlight Capital issues term loan to Birks & Mayors

Boston -- Pathlight Capital, part of Sycamore Partners, said it will serve as the administrative and co-collateral agent on a $28 million secured term loan facility to Montreal-based jewelry retailer Birks & Mayors.

The loan, which matures August 2018, amends an existing $18 million term loan; the Junior Capital Division of Wells Fargo Capital Finance will serve as the co-collateral agent on the facility.   

"We are excited to be Birks & Mayors' new financial partner.  Our creative structure provides additional liquidity to fuel the company's growth initiatives,” said Daniel Platt, CEO, Pathlight Capital.

 

Recommended stories

Login or Register to post a comment.