December 2020 – Tiger Group

Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement

Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement
Specialty retailer rue21 (r21 Holdings, Inc.) announced that its strong financial position has enabled it to refinance its existing term loan, increase available liquidity and lower its cost of capital. rue21 amended its asset based credit facility to increase availability to $155mm due 2025 led by Bank of America, N.A. The amendment […]

By David Flood

Industrial / News

Tiger Group to Auction Inventories from Major Distributor of Disposable, Durable Medical Supplies

Tiger Group to Auction Inventories from Major Distributor of Disposable, Durable Medical Supplies
Following private treaty bulk sales and successful auctions of assets from three of American Medical Depot’s (AMD) six facilities, Tiger Group will wrap up the wind-down of this major distributor of medical equipment and supplies with online auctions in mid-January for in excess of $16 million in inventories plus other assets from the […]

By David Flood

Read more about the article Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer

Breaking Cannabis News Website

Industrial / News

Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer

Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer
Dec. 9 auction offers QC analysis, sterilization, and filling/packaging equipment with applications for pharma, CBD and other industries.
LOS ANGELES, Dec. 1, 2020 /PRNewswire/ — Tiger Group will be holding an online auction on Dec. 9 of late-model equipment surplus to the ongoing operations of a leading CBD and cannabis manufacturer.

The auction features well-maintained equipment, including:

[…]

By David Flood