Skirting Bankruptcy, J.Jill Secures $15 Million To Pay Debts And Fund Business Plan
Retail TouchPoints
SEPTEMBER 15, 2020
J.Jill’s lenders have agreed to give the company an additional two years, through May 2024, to pay off its term-loan debt and to provide an investment of “no less than $15 million ” in the form of a junior term-loan facility.
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