Joe's Jeans completes purchase of Hudson Clothing for $97.6M

theflyonthewall.com

Joe’s Jeans announced it has completed the acquisition of Hudson Clothing Holdings. The total purchase price for Hudson was $97.6M. Transaction financing consisted of a $50M revolving credit facility with CIT Trade Finance as agent and a $60M senior term loan provided by affiliates of Garrison Investment Group as agent.

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