Jones Apparel Group Enters Into US$650M Asset-based Credit Facilities

On May 13, 2009, Jones Apparel Group Inc., a number of its subsidiaries and Jones Apparel Group Canada L.P. entered into US and Canadian asset-based credit facilities in the aggregate amount of US$650,000,000. The facilities were agented by JPMorgan Chase N.A. as administrative agent and JPMorgan Chase Bank N.A., Toronto Branch, as Canadian administrative agent.

Cassels Brock & Blackwell LLP represented Jones in Canada with a team including Maxwell Gotleib, Bruce McNeely, Alex Tarantino and Gabriella Szerze. Assisting Cassels at the local level were: Michael Low of Lawson Lundell LLP (British Columbia); Dale Spackman of Parlee McLaws LLP (Alberta); Karl Valiaho of MacPherson Leslie & Tyerman LLP (Saskatchewan); Nigel Thompson of Aikins, MacAulay & Thorvaldson LLP (Manitoba); Benjamin Gross of Lavery, de Billy L.L.P. (Qu├ębec); and Henry Visser and Peter Sullivan of McInnes Cooper (Nova Scotia and New Brunswick). Cravath, Swaine & Moore LLP represented Jones in the United States with a team including B. Robbins Kiessling, David R. Lobe, Sophia D. Tawil, Jared W. DeMatteis (corporate) and Andrew W. Needham, J. Leonard Teti II and Jennifer R. Graff (tax).

Ogilvy Renault LLP represented JPMorgan Chase Bank, N.A. in Canada with a team including Kevin Morley, David Amato, Aditya Rebbapragada, Serge Levy and Carla Machado. Mayer Brown LLP represented JPMorgan Chase Bank, N.A. in the United States with a team including Jeffrey Dunetz, Gayle Berne, Laura Rosiecki and David Linley.

Lawyer(s)

Peter J. Sullivan Gabriella M. Szerze Maxwell Gotlieb Dale R. Spackman Alex M. Tarantino Serge Levy Henry A. Visser David M.A. Amato Nigel J. Thompson Benjamin David Gross Karl J. Valiaho Michael J. Low Kevin J. Morley Bruce T. McNeely

Firm(s)

Cassels Brock & Blackwell LLP Lawson Lundell LLP Parlee McLaws LLP MLT Aikins LLP MLT Aikins LLP Lavery, de Billy, L.L.P. McInnes Cooper Cravath, Swaine & Moore LLP Norton Rose Fulbright Canada LLP Mayer Brown LLP