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13

Quiksilver Said to Seek Loans for Bankruptcy Exit Financing

By Tony Seruga

Quiksilver Inc., the bankrupt surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy, according to two people with knowledge of the matter.

Bank of America Corp. and JPMorgan Chase & Co. are among lenders discussing an asset-backed credit line for the company, said the people, who asked not to be named because the discussions aren’t public. The revolving loan may be $125 million to $150 million, and the company may seek a term loan as well, the people said…

Quiksilver Said to Seek Loans for Bankruptcy Exit Financing

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