Leonard Green & Partners LP news and archive

IPO for J.Crew seems favourable, after talks with Fast Retailing dissolve

A potential IPO for fashion retailer J.Crew seems to edge closer, as initial talks with Japanese holding company Fast Retailing Co, Ltd to acquire a stake in the fashion retailer have come to an abrupt halt. Previous media outlets reported earlier this month that parent company of Japan's largest fashion retailer Uniqlo, was in discussion with...

Fashion

J.Crew rumored to be in talks for 2014 IPO

US-based fashion retailer, J.Crew Group Inc., is said to be having discussions with banks as it explores options for an initial public offering. Sources close to the matter told Bloomberg that the fashion retailer, owned by Leonard Green & Partners LP and TPG Capital, is considering floatin on the US stock market sometime this year. J.Crew...

Design

J. Crew searching for 1.57 billion dollar loan to refinance debt

J. Crew Group Inc., US based fashion retailer is searching for a 1.57 billion dollar or 940 million pound loan to refinance its debt. Last week the Group, owned by Leonard Green & Partners LP and TPG Capital, suggested paying three percentage points more than the London interbank offered rate, reported inside source familiar with the transaction...

Fashion

J Crew's quarrel extended to February

J. Crew Group Inc. (JCG) confirmed 18 January that it hasn't received alternative offers to the $3 billion bid from a team including its chief executive but that it's extending the so-called "go-shop" period a month to settle a lawsuit. In November, private-equity firms TPG Capital and Leonard Green & Partners LP teamed up with J. Crew CEO...