By  on July 23, 2012

Just as some credit sources last week began speculating about the future of J. Jill and whether it could be put up for sale, given the bankruptcy filing of its parent in March, Moody’s Investors Service on Monday placed the retailer’s ratings on review for a possible downgrade.

About $115 million of rated debt is affected, and there is now the possibility of a default rating.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus