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New Term Loan for Birks & Mayors

The facility is for $28 million.

Canadian fine jewelry retailer Birks & Mayors Inc. has a new $28 million term loan.

 

The new secured term loan, which matures August 2018, amends the company’s $18 million term loan.

 

Pathlight Capital is the administrative and co-collateral agent for the loan. The other co-collateral agent is the Junior Capital Division of Wells Fargo Capital Finance.

 

Pathlight is a portfolio company of private equity firm Sycamore Partners.