Billabong repays

Rebuilding surfwear retailer Billabong has used $US300 million ($316 million) of a $US360 million funding package from its new private-equity partners, Centerbridge Partners and Oaktree Capital, to repay a bridging facility. The company also said it had agreed to sell its Canadian retail chain, West 49, to YM Inc for $C9 million ($9.1 million) to $C11 million.

By InvestSMART · 5 Nov 2013

By InvestSMART ·
5 Nov 2013

Share

Comments

Print

Rebuilding surfwear retailer Billabong has used $US300 million ($316 million) of a $US360 million funding package from its new private-equity partners, Centerbridge Partners and Oaktree Capital, to repay a bridging facility. The company also said it had agreed to sell its Canadian retail chain, West 49, to YM Inc for $C9 million ($9.1 million) to $C11 million.

Share this article and show your support

More information on Coles Group Limited (CGJ)

Proudly

Billabong repays

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password