BCBG Max Azria and certain of its US and Canadian subsidiaries and affiliates, entered into a second amended and restated senior secured asset-based revolving credit facility in the principal amount of US$153 million. The facility is agented by Bank of America, N.A, as Administrative Agent, Canadian Agent and Co-Collateral Agent.
Founded in 1989, BCBGMaxAzriaGroup has more than 570 retail boutiques worldwide, each serving as a showcase for women’s ready-to-wear and accessory collections.
Norton Rose Fulbright Canada LLP represented Bank of America in Canada with a team consisting of Arnold Cohen and Amanda Fortuna. Morgan, Lewis & Bockius LLP represented Bank of America in the United States with a team including Marc Leduc and Matthew Furlong.
The BCBGMaxAzria Group was represented in the United States by Skadden, Arps, Slate, Meagher & Flom LLP and in Canada by Stikeman Elliott LLP with a team consisting of Howard Rosenoff, Marie Garneau, Amy Nugent and Jamie Templeton.