Bank of America, N.A. announces second amendment and restatement of senior secured asset-based lending revolving credit facility in favour of BCBG Max Azria

On February 5, 2015, BCBG Max Azria and certain of its US and Canadian subsidiaries and affiliates (“BCBGMaxAzriaGroup”), entered into a second amended and restated senior secured asset-based revolving credit facility in the principal amount of US$153m. The facility is agented by Bank of America, N.A, as Administrative Agent, Canadian Agent and Co-Collateral Agent.

BCBGMaxAzriaGroup is a fashion powerhouse founded in 1989 by Max Azria, its current Designer, Chairman and Chief Executive Officer. Today, BCBGMaxAzriaGroup has more than 570 retail boutiques worldwide, each serving as a consummate showcase for women’s ready-to-wear and accessory collections.

Norton Rose Fulbright Canada LLP represented Bank of America in Canada with a team consisting of Arnold Cohen and Amanda Fortuna.