Loan Facility Arranged for GUESS?

Wachovia Securities Inc. arranged, on December 27, 2002, a US$85 million secured revolving loan facility for GUESS?, Inc. and its Canadian and U.S. subsidiaries. Congress Financial Corporation (Western) acted as agent and lead lender for the U.S. portion of the facility. Congress Financial Corporation (Canada) provided the Canadian portion of the facility to GUESS? Canada Corporation and GUESS? Canada Retail Inc.

GUESS? was represented in Canada, by Stikeman Elliott LLP with a team that included William Rosenberg, Howard Rosenoff and Jason Streicher, and in the U.S., by Mike Newman and Weni Gieseking of O’Melveny & Myers LLP.
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Congress was represented in Canada, by Goodmans LLP with a team that included Jean Anderson, Jeff Citron, David Wiseman and Caroline Goss, and Gerald Kandestin of Kugler Kandestin in Quebec. In the U.S., Congress was represented by Marshall Stoddard and Sandra Montgomery of Mayer, Brown, Roe and Maw.