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Aeropostale Inc. (AROPQ)

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Last Post: 6/26/2017 9:32:58 AM - Followers: 131 - Board type: Free - Posts Today: 1

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) 06/20/2017 04:26:47 PM
AROPQ News: Current Report Filing (8-k) 05/18/2017 04:10:41 PM
AROPQ News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 05/01/2017 04:32:14 PM
AROPQ News: Current Report Filing (8-k) 04/19/2017 10:13:42 AM
AROPQ News: Current Report Filing (8-k) 04/05/2017 04:32:05 PM
PostSubject
#8171  Sticky Note GUYS noamnak123 03/12/17 02:30:15 PM
#8306   Of course, logic dictates that, yes, he has GohanGSM 06/26/17 09:32:58 AM
#8305   THANK YOU! This guy is in here EVERYDAY JayBoyd 06/25/17 10:55:39 PM
#8304   LOL . . . uh - yathink?? MasterBlastr 06/25/17 08:13:52 PM
#8303   Lol, you're still here, eh? You've been snubbing GohanGSM 06/25/17 07:32:32 PM
#8302   The judge swings the gavel and crushes this MasterBlastr 06/24/17 08:50:16 PM
#8301   July 13 is the first trading day after CanItBThisEZ2Make 06/24/17 08:42:23 PM
#8300   What is the exact date for judgement day? B0tt0M WaTcH3R 06/24/17 07:47:37 PM
#8299   Its all about trying to manufacture a flip. MasterBlastr 06/24/17 05:22:31 PM
#8298   CanItB: Where do you see July 13th NorthShoreTrading 06/24/17 04:23:16 PM
#8297   Everyone else has - MasterBlastr 06/23/17 10:58:08 PM
#8296   Shareholders equity is the difference between total assets B0tt0M WaTcH3R 06/23/17 10:57:35 PM
#8295   Lol.. learn how to learn how to read.. plssss B0tt0M WaTcH3R 06/23/17 10:56:37 PM
#8294   LOL learn how to read a MOR . MasterBlastr 06/23/17 10:44:46 PM
#8293   No, I need no miracle.. Only A good B0tt0M WaTcH3R 06/23/17 10:43:18 PM
#8292   You need more than a miracle over here MasterBlastr 06/23/17 10:13:28 PM
#8291   Lol.. We will see about that in few B0tt0M WaTcH3R 06/23/17 10:11:35 PM
#8290   Good luck on your flip . . . MasterBlastr 06/23/17 10:01:06 PM
#8289   That is a $164M question.. B0tt0M WaTcH3R 06/23/17 09:47:48 PM
#8288   So it all comes down to: Will The CanItBThisEZ2Make 06/23/17 09:24:26 PM
#8287   Asset going up, Liabilities going down .... Store REOPENING!!! B0tt0M WaTcH3R 06/23/17 08:59:25 PM
#8286   ARE YOU READY? LESS THAN 3 WEEKS LEFT CanItBThisEZ2Make 06/23/17 08:54:55 PM
#8285   Simon Venture is the "largest retail real estate JayBoyd 06/22/17 12:39:27 AM
#8284   Thank you . . . MasterBlastr 06/21/17 09:44:58 PM
#8283   Lol.. I know. I don't. You do.. SMART MAN. B0tt0M WaTcH3R 06/21/17 09:44:20 PM
#8282   Under new ownership . . . nothing weird MasterBlastr 06/21/17 09:41:58 PM
#8281   I saw two store that was closed few B0tt0M WaTcH3R 06/21/17 01:14:37 PM
#8280   very true.. I got out when it was indymx 06/13/17 10:15:25 AM
#8279   The only thing that is half-interesting is how MasterBlastr 06/09/17 10:15:38 PM
#8278   They've been saying that things would start getting indymx 06/09/17 11:10:34 AM
#8277   You are kidding. Commons are toast. MasterBlastr 06/07/17 11:20:45 PM
#8276   The MOR for April is out on Prime CanItBThisEZ2Make 06/07/17 10:33:52 PM
#8275   I can't wait there is no good reason Sligara 05/31/17 03:29:31 PM
#8274   Rainy holiday weekend, went to the mall and CanItBThisEZ2Make 05/30/17 11:29:32 PM
#8272   this was in my TD $aropq feed ..Radial Jazzyjwels 05/17/17 10:16:37 AM
#8271   We will find out in 58 days if CanItBThisEZ2Make 05/16/17 11:55:29 PM
#8270   Not really a critic, I just happen to MasterBlastr 05/14/17 03:30:43 PM
#8269   “Nothing is easier and more pathetic than being CanItBThisEZ2Make 05/14/17 10:52:08 AM
#8268   I know you guys are trying to manufacture MasterBlastr 05/11/17 11:08:08 PM
#8267   A billion in the hole turnaround lmafo sounds Sligara 05/11/17 10:44:10 PM
#8266   A $ billion in the hole . . MasterBlastr 05/11/17 10:30:17 PM
#8265   That's exactly why I figure I give this offensiveortiz 05/11/17 07:18:27 PM
#8264   I am a ride or die guy in Sligara 05/11/17 06:54:09 PM
#8263   Thank you buddy.. great post B0tt0M WaTcH3R 05/10/17 10:53:27 PM
#8262   Just a waiting game to see if they CanItBThisEZ2Make 05/10/17 10:46:48 PM
#8261   Any interesting updates from dockets? B0tt0M WaTcH3R 05/10/17 07:32:21 AM
#8260   Yes look at the consolidated numbers to your B0tt0M WaTcH3R 05/10/17 07:30:38 AM
#8259   Thats what I say . . . MasterBlastr 05/07/17 04:14:26 PM
#8258   Lol.. looking at 1 column and ignore the B0tt0M WaTcH3R 05/07/17 01:39:56 PM
#8257   Thats all that matters . . . $1 MasterBlastr 05/07/17 10:25:02 AM
#8256   His calculations are based off of "total liability offensiveortiz 05/07/17 06:16:04 AM
PostSubject