Billabong repays

Billabong has utilized $US300 million from a $US360 million funding package provided by its private-equity partners, Centerbridge Partners and Oaktree Capital, to repay a bridging facility. This move is part of their efforts to rebuild and stabilize the company financially.

Billabong has utilized $US300 million from a $US360 million funding package provided by its private-equity partners, Centerbridge Partners and Oaktree Capital, to repay a bridging facility. This move is part of their efforts to rebuild and stabilize the company financially.

Billabong's new private-equity partners are Centerbridge Partners and Oaktree Capital. They have provided a significant funding package to help the company in its rebuilding efforts.

Billabong's new private-equity partners are Centerbridge Partners and Oaktree Capital. They have provided a significant funding package to help the company with its financial restructuring.

Billabong used $US300 million out of the $US360 million funding package to repay its bridging facility, which is a crucial step in their financial restructuring.

Billabong agreed to sell its Canadian retail chain, West 49, to YM Inc for between $C9 million ($9.1 million) and $C11 million.

Billabong has agreed to sell its Canadian retail chain, West 49, to YM Inc for between $C9 million and $C11 million. This sale is part of their strategy to streamline operations and focus on core business areas.

While the article does not specify the exact reasons, selling West 49 is likely part of Billabong's broader strategy to streamline operations and focus on core business areas as it rebuilds its financial health.

Billabong is selling its Canadian retail chain, West 49, for between $C9 million ($9.1 million) and $C11 million. This sale is part of their broader financial strategy.

Billabong used $US300 million of the $US360 million funding package to repay its bridging facility.

Billabong is selling its Canadian retail chain, West 49, as part of its efforts to streamline operations and focus on its core business, thereby improving overall financial health.

The total value of the funding package provided to Billabong by Centerbridge Partners and Oaktree Capital is $US360 million.

The total amount of the funding package provided to Billabong by its private-equity partners, Centerbridge Partners and Oaktree Capital, is $US360 million.

Billabong's recent financial actions, including repaying a bridging facility and selling West 49, indicate a strategic effort to stabilize and strengthen its financial position, which could be seen as a positive sign for investors looking for a turnaround story.

The sale of West 49 fits into Billabong's overall business strategy by allowing the company to focus on its core operations and improve financial stability, which is crucial for its rebuilding efforts.

The buyer of Billabong's Canadian retail chain, West 49, is YM Inc.