July 2021

iMedia Brands Inc. Closes $80M Asset-Based Revolving Line of Credit Transaction

United States - Minnesota

iMedia Brands Inc. closed on an $80 million asset-based revolving line of credit with Siena Lending Group LLC. Faegre Drinker represented iMedia Brands in the transaction, the proceeds of which will be used for working capital, to refinance debt and to pay fees associated with closing the deal.

The Faegre Drinker Biddle & Reath LLP website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Drinker Biddle & Reath LLP's cookies information for more details.