- Usio, Inc. (USIO) Stock Rising +19.13% After Signing A Non-binding LOI To Purchase IMS
- Chevron Corp (CVX) Reports Profit of $201 million in third quarter 2020
- IBM Enters Esports Arena with Activision Blizzard in New Multi-Year Deal as the Presenting Partner of the Overwatch League Grand Finals
- U.S. General Services Administration (GSA) Deploys BIO-key’s PortalGuard Identity and Access Management (IAM) Solution for Two-factor Authentication Compliance
- J Jill Declares Transaction Support Agreement (TSA) to consolidate its Balance Sheet and Position the Company for Long-Term Growth
J Jill Declares Transaction Support Agreement (TSA) to consolidate its Balance Sheet and Position the Company for Long-Term Growth
J.Jill, Inc. has declared a Transaction Support Agreement on 1st September2020 with Consenting lenders, holding greater than 70.0% of the Company’s term loan, with the support of its majority shareholders. The agreement is based on financial restructuring (“Transaction”) that would abandon any past non-compliance through the Company’s credit facilities and provide additional liquidity. The transaction will be achieved on an out-of-court basis after the consent of the requisite term loan lenders. The out-of-court Transaction would…
Read More