Sequential Brands plans financing for Jessica Simpson brand purchase

By Sara Rosenberg

New York, April 2 – Sequential Brands Group Inc. has obtained a commitment for financing from Bank of America and GSO Capital Partners LP to fund its acquisition of a majority interest in the Jessica Simpson brand, according to a news release.

Closing is expected within 90 days, subject to customary conditions and regulatory approvals.

Sequential Brands is a New York-based owner, promoter, marketer and licenser of a portfolio of consumer brands in the fashion, active, and lifestyle categories.

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