finance

Retail
Rite Aid Refinances Revolving Credit Facility

Rite Aid has entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility.

Tabletop
Jonathan Adler Gains Capital For Brand Expansion

Jonathan Adler has gained $16 million in working capital from Gordon Brothers and Rosenthal & Rosenthal, Inc., two financing firms. According to Gordon Brothers, the financing is in support of the launch and execution of an exclusive e-commerce brand and product partnership with a major online retailer.

Appliances
Hamilton Beach Names Mosier VP/CFO

Hamilton Beach has named Michelle Mosier as its vp/CFO and treasurer. She fills the position being vacated by James Taylor, who is retiring at the end of 2018. Mosier will join the company on October 29.

Appliances
Jura Names Correa VP/Finance

Gustavo Correa has joined Jura Inc. as vp/finance. He is responsible for directing all aspects of accounting operations and for budgeting, financial reporting, tax planning and compliance, cash flow and insurance.

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