Headlines

A Loan at Last

Private brand marketer extends $25 million line of credit

Published

23 years ago

January 2, 2001

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I.C. Isaacs & Co. (Baltimore), the designer, manufacturer and marketer of such brands as Marithe & Francois Girbaud, Beverly Hills Polo Club, BOSS and Urban Expedition in the United States, Puerto Rico, Canada and Europe, has reached an agreement to extend a $25 million line of credit for three more months. The company is also in discussions with the creditor, Congress Financial Corp., about the possibility of a longer term extension and/or amendment of the current financing arrangement. However, no definitiveagreement has been reached between the parties. I.C. Isaacs also markets women's pants and jeans under various other company-owned brand names and under third-party private labels.

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