By and  on March 13, 2009

After escaping from the brink of a financial meltdown, is American Apparel Inc. poised for a new period of growth?

Analysts were upbeat about the company’s new financing arrangement with London-based Lion Capital, finalized on Friday. The new $80 million security frees the company from its crushing credit agreement with SOF Investments, provides for a stable capital structure over the next five years and enables American Apparel management to refocus attention on product, retail development and marketing initiatives.

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