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georgie18

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georgie18

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Thursday, 06/04/2020 8:57:23 AM

Thursday, June 04, 2020 8:57:23 AM

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DALLAS, June 04, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES) today announced that the Company has obtained a commitment from BRF Finance Co., LLC, an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), for $25 million of debtor-in-possession (“DIP”) financing as required by the Company’s current $100-million DIP agreement with its existing lender group. With this commitment, the Company has secured commitments for a total of $125 million to support the continuity of operations during Chapter 11 proceedings.

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Volume:
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Total Trades:
  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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