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Aeropostale Inc. (AROPQ)

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Last Post: 12/1/2016 5:32:38 AM - Followers: 140 - Board type: Free - Posts Today: 0
112 W 34th Street
New York, NY 10120
Phone: 646-485-5398
Fax: 646-485-5430
Web Site: http://www.aeropostale.com

Aeropostale, Inc. operates as a mall-based specialty retailer of casual apparel and accessories for young women and men in the United States. It designs, markets, and sells active-oriented, fashion and fashion basic merchandise principally targeting 11 to 18 year-old young women and young men under its own brands. The company offers graphic t-shirts, tops, bottoms, sweaters, jeans, outerwear, and accessories. As of April 5, 2006, the company operated 683 stores, consisting of 669 Aeropostale stores and 14 Jimmy’Z stores. Aeropostale also sells its products online through its e-commerce Web site at aeropostale.com and through organized sales events at college campuses. The company was founded in 1987 and is headquartered in New York City.

Aeropostale Website: http://www.aeropostale.com/shop/index.jsp?categoryId=3534619

Aeropostale Facebook: https://www.facebook.com/Aeropostale/?fref=ts

Aeropostale Share Structure: Authorized Shares 200,000,000 as of January 8th 2016
                                           Outstanding Shares 79,994,458 as of December 02 2015
                                           Float 78,374,327 as of December 02 2015
 

Bankrupt Aéropostale, Clothing Supplier Reach Settlement


http://www.wsj.com/articles/bankrupt-retailer-aeropostale-clothing-supplier-reach-settlement-1463075196

AROPQ News $160mil DIP Financing, This financing, combined with Aropostale's operating cash flow, will allow the Company to meet its financial commitments and enable Aropostale to focus on completing its restructuring process,confirming a plan of reorganization and emergence from Chapter 11 

Aropostale, Inc. Receives Final Approval For $160 Million In DIP Financing PR Newswire "Press Releases US - English" 

NEW YORK , June 10, 2016 /PRNewswire/ --Aropostale, Inc. (OTC Pink:AROPQ), a specialty retailer of casual apparel for young women and men, today announced that the United States Bankruptcy Court for the Southern District of New York has given final approval for the Company to access $160 million in debtor in-possession ("DIP") financing provided by Crystal Financial LLC . The Court previously had given interim approval for the DIP financing agreement on May 5, 2016 . This financing, combined with Aropostale's operating cash flow, will allow the Company to meet its financial commitments and enable Aropostale to focus on completing its restructuring process,confirming a plan of reorganization and emergence from Chapter 11 during the third quarter of 2016. 

"We are pleased that the Court has approved our DIP financing," said Julian Geiger , Chief Executive Officer. "We are looking forward to emerging from this process as a leaner, more efficient business and firmly believe that we will be well-positioned to compete and succeed in today's retail environment." 

As announced on May 4, 2016 , Aropostale filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy code in the United States Bankruptcy Court for the Southern District of New York in an effort to optimize its store footprint, renegotiate burdensome contracts, resolve its ongoing disputes with Sycamore Partners and achieve long-term financial stability. 

Additional information can be found at www.ARORestructuring.com. Suppliers and landlords may call our support center +1 (917) 877-5966 or toll-free at +1 (855) 360-2999. They also may email suppliers@aeropostale.com or landlords@aeropostale.com. 

Aropostale is advised in this transaction by Weil, Gotshal & Manges LLP , Stifel Financial Corp. and FTI Consulting. 

About Aropostale, Inc. 

Aropostale, Inc. is a specialty retailer of casual apparel and accessories, principally serving young women and men through its Aropostale and Aropostale Factory stores and website and 4 to 12 year-olds through its P.S. from Aropostale stores and website.The Company provides customers with a focused selection of high quality fashion and fashion basic merchandise at compelling values in an exciting and customer friendly store environment. Aropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise.As of May 1, 2016 the Company operated 739 Aropostale stores in 50 states andPuerto Rico, 41 Aropostale stores inCanadaand 25 P.S. from Aropostale stores in 12 states. In addition, pursuant to various licensing agreements, the Company's licensees currently operate 322 Aropostale and P.S. from Aropostale locations in theMiddle East,Asia,Europe, and Latin America. SinceNovember 2012, Aropostale, Inc. has operated GoJane.com, an online women's fashion footwear and apparel retailer. 



Media Contact: Rachel Rosenblatt , FTI Consulting (212) 850-5697 orRachel.Rosenblatt@FTIConsulting.com 

Investor Contact: Effie Veres,FTI Consulting (212) 850-5600 or Effie.Veres@FTIConsulting.com 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aeropostale-inc-receives-final-approval-for-160-million-in-dip-financing-300283105.html 

SOURCE Aeropostale, Inc. 



 
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AROPQ News: Current Report Filing (8-k) 05:18 PM
AROPQ News: Statement of Changes in Beneficial Ownership (4) 04:32 PM
AROPQ News: Statement of Changes in Beneficial Ownership (4) 04:29 PM
AROPQ News: Statement of Changes in Beneficial Ownership (4) 12/01/2016 05:49:04 PM
AROPQ News: Statement of Changes in Beneficial Ownership (4) 12/01/2016 04:32:34 PM
News News Alert: Current Report Filing (8-k) 12/02/2016 05:18:51 PM
PostSubject
#7951   Some just look at the chart - they MasterBlastr 12/01/16 05:32:38 AM
#7950   I said I was riding this to the CanItBThisEZ2Make 12/01/16 03:05:54 AM
#7949   Take a hint? He still got almost MasterBlastr 11/30/16 11:07:20 PM
#7948   It's Happening, The management are filing their 4 CanItBThisEZ2Make 11/30/16 09:43:45 PM
#7947   oops had a few trips on the brain Jazzyjwels 11/29/16 08:17:17 PM
#7946   How did you get this at .0001, I CanItBThisEZ2Make 11/29/16 08:07:30 PM
#7945   The end is near Bustajoy 11/29/16 04:28:13 PM
#7944   hey EZ... i haven't been in tune with Jazzyjwels 11/29/16 11:21:11 AM
#7942   They can put a Mickey Mouse cartoon on MasterBlastr 11/26/16 11:48:28 AM
#7941   According to Section 1121 of US Bankruptcy code CanItBThisEZ2Make 11/26/16 08:39:29 AM
#7940   "business that decides to keep old common shares MasterBlastr 11/25/16 03:58:23 PM
#7939   "business that decides to keep old common shares MasterBlastr 11/25/16 03:00:50 PM
#7938   True they have to follow bankruptcy law, and CanItBThisEZ2Make 11/25/16 02:58:48 PM
#7937   "what will the mall group decide for the MasterBlastr 11/25/16 11:27:08 AM
#7936   Aeropostale has great clothing not just for teens, CanItBThisEZ2Make 11/25/16 10:20:34 AM
#7935   Aeropostale is having the craziest sale of all Bustajoy 11/24/16 07:23:01 AM
#7934   Or is it? Somebody just bought 4000 Dollars CanItBThisEZ2Make 11/23/16 08:53:19 PM
#7933   Yes, it does! keyotee 11/23/16 04:06:24 PM
#7932   Maybe or Maybe it's Filling back up. The CanItBThisEZ2Make 11/21/16 07:35:15 PM
#7931   Looks like the swamp over here is draining MasterBlastr 11/21/16 05:41:54 PM
#7930   FLASHBACK: March 23, 2012 CanItBThisEZ2Make 11/19/16 08:09:15 AM
#7929   Retailers sink on poor season. keyotee 11/18/16 08:50:11 PM
#7927   My RJET stock closed at just about .60 indymx 11/18/16 09:54:19 AM
#7926   No, according to this line in the POR, indymx 11/18/16 09:48:27 AM
#7925   What they did could not be done today. MasterBlastr 11/17/16 11:26:01 PM
#7924   My point is that GGP made a conscious Olde English 800 11/17/16 11:03:17 PM
#7923   The things you could do in 2009 you MasterBlastr 11/17/16 10:55:53 PM
#7922   BK's are a crazy thing. In 2009 Olde English 800 11/17/16 10:52:13 PM
#7921   Thanks for reminding me - somehow the faithful MasterBlastr 11/17/16 10:36:12 PM
#7920   The Plan was for the Sale , the Olde English 800 11/17/16 10:08:03 PM
#7919   The Plan was for the Sale , the Olde English 800 11/17/16 10:05:44 PM
#7918   The Plan was for the Sale , the Olde English 800 11/17/16 10:05:42 PM
#7917   Simon Wants to Double Aeropostale-Store-Base: CanItBThisEZ2Make 11/17/16 10:02:46 PM
#7916   This Will Not Be The Existing POR, Since CanItBThisEZ2Make 11/17/16 09:42:45 PM
#7915   SECTION 1126 OF THE BANKRUPTCY CODE: Olde English 800 11/17/16 08:33:33 PM
#7914   PLEASE CHIME IN ON THE PLAN, AND PURCHASE AGREEMENT Olde English 800 11/17/16 08:20:08 PM
#7913   Class 7 -- Existing Aéropostale Interests Olde English 800 11/17/16 08:16:54 PM
#7912   No sweat - zero in the cards over here. MasterBlastr 11/17/16 05:38:25 PM
#7911   I heard your concerns many times about this Hurley53017 11/17/16 04:56:27 PM
#7910   Doesn't look like that will happen. If MasterBlastr 11/17/16 04:54:01 PM
#7909   Will the current commons receive the new shares Hurley53017 11/17/16 04:45:47 PM
#7908   Oh ok I gotcha. rspect 11/17/16 04:00:54 PM
#7907   My other Q stock released their POR yesterday.. indymx 11/17/16 03:44:35 PM
#7906   Commons should be around until the effective date MasterBlastr 11/17/16 02:44:02 PM
#7905   ? Why would you say that? I haven't rspect 11/17/16 12:22:41 PM
#7904   Congrats COMMONS MikeBK205 11/17/16 10:44:23 AM
#7903   No News is Good News, Did Not See CanItBThisEZ2Make 11/17/16 06:33:19 AM
#7902   I'll bite, what did u find out now? bryanmm 11/17/16 06:27:09 AM
#7901   WOW, This is about to get VERY INTERESTING! CanItBThisEZ2Make 11/16/16 09:33:40 PM
#7900   But not an Omnibus trial, as you thought. MasterBlastr 11/15/16 07:11:08 PM
PostSubject