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Stock impact report

Tory Burch Refinances to Buy Out Longtime Backer General Atlantic [Yahoo! Finance]

Ralph Lauren Corporation (RL) 
Last ralph lauren corporation earnings: 2/4 08:01 am Check Earnings Report
US:NYSE Investor Relations: investor.ralphlauren.com
Company Research Source: Yahoo! Finance
company's existing loan facility and partially fund the possible buyout of General Atlantic,” according to a spokesperson. Tory Burch is also taking on a new $300 million revolving credit facility. More from WWD Tailored for the Tee Off: Tory Burch's On-Sale Golf Collection Is Your Answer to Preppy Looks on the Green Kate Middleton and Princess Charlotte's Easter Footwear: Ralph Lauren Pumps and Tory Burch Ballet Flats Tory Burch and the Explorers Club Introduce 'Women in Exploration' Patch With New Capsule The deal represents a turning of the page for both brand and backer. General Atlantic bought into Tory Burch in 2012, when the designer's ex-husband Christopher Burch sold off much of his stake in the firm, wrapping up a nasty legal battle Borrowing to buyout is a move that the company has pulled off successfully before. Tory Burch used debt to buy out early investor Tresalia Capital in 2018, concentrating ownership of the business. Assuming General Atlantic does ex Show less Read more
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