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Saks.com gets $115 million term loan via Pathlight Capital
By Wendy Van Sickle
Columbus, Ohio, May 13 – Saks.com LLC has a $115 million term loan facility with Pathlight Capital LP as administrative agent, according to a news release.
A portion of the proceeds will be used to fund obligations to HBC in connection with a recent transaction, and the remainder will be available to Saks.
Saks is a Boston-based luxury ecommerce platform.
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