Michaels Seeks Maturity Extension

20 Oct 2009

Deutsche Bank is shopping an amendment for Michaels Stores to extend the maturity of part of its term loan.

--Libby Sallaberry

Deutsche Bank is shopping an amendment for Michaels Stores to extend the maturity of part of its term loan. Michaels is the latest in a string of companies to go out with “amend and extend” offers. It last amended its credit agreement in August to allow the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options