J. Crew Group Said to Seek $1.57 Billion Loan to Refinance Debt

J. Crew A/W 2014 collection | Source: Nowfashion.com

NEW YORK, United States — J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is seeking a $1.57 billion loan to refinance debt, according to a person with knowledge of the transaction.

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Oscars Red Carpet: A Runway of Sharp Elbows and High Fashion Stakes

Jennifer Lawrence on the red carpet | Source: Reuters

LOS ANGELES, United States — Success on the red carpet can buy cachet that no advertising can. With stakes that high, the more established houses are raising their game and leaving little room for newcomers to make a splash, like they might have a decade ago.

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