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Banking & Financial Advice

Perry Ellis Goes Private

| Andrea Richard

A list of notable names in the financial world helped founder George Feldenkreis take clothier Perry Ellis International private in a $473 million transaction. The transaction was financed through equity provided by the Feldenkreis family, a senior secured asset-backed revolving loan facility underwritten by Wells Fargo Bank, PNC Capital Markets and HSBC Bank USA and a multitranche term financing facility provided by funds managed by affiliates of Fortress Investment Group.

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