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Stock Market & Financial Investment News

News Breaks
July 8, 2014
06:26 EDTAPPLion Capital demands repayment of $10M loan from American Apparel, NY Times says
Lioin Capital has demanded immediate repayment of a $10M loan it made to American Apparel after negotiations over new terms failed, reports the New York Times, citing a person with knowledge of the situation. A potential new benefactor, Standard General, is considering making the repayment on the behalf of the company, but it is unclear if American Apparel would pay back the loan some other way. Reference Link
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October 22, 2014
06:45 EDTAPPAmerican Apparel brings back creative director Alonzo, WWD reports
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October 15, 2014
17:48 EDTAPPAmerican Apparel to make interest payment on bonds, Bloomberg says
According to sources retail chain American Apparel will make an interest payment on its bonds, says Bloomberg. American Apparel will make a payment of about $13M by today’s due date, added Bloomberg. Reference Link

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