KASPER DIP OK: Kasper ASL Ltd. on Wednesday received final bankruptcy court approval of its $126.8 million debtor-in-possession financing facility led by J.P. Morgan Chase. The company last month received interim approval for $20 million. After paying the $91.8 million owed to its pre-petition bank group, Kasper will have $35 million available for general use. The company filed for Chapter 11 in Manhattan on Feb. 5.
ALLOY RAISES $60 MILLION: Teen media network Alloy Inc. has raised roughly $60 million in a secondary offering of 4 million shares, which were priced at $15.21 on Feb 21. In light Nasdaq trading Thursday, Alloy’s shares gave up $1.05, or 6.4 percent, to close at $15.14, after rising as high as $16.24, in intra-day trading. Alloy went public at $15 in May 1999.