Retail News

Rue21 in talks with lenders pre-bankruptcy

The Wall Street Journal 05/01/2017

Rue21, which has been looking for a “junior bankruptcy loan”, is talking with lenders prior to filing for Chapter 11. The teen retailer missed an interest payment last month and is looking for a loan to pay its legal fees while it tries to figure out how to keep stores open as it goes through an eventual reorganization process.

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