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Coldwater Creek announces new financing with Golden Gate Capital
Sandpoint, Idaho -- Private equity firm Golden Gate Capital has provided Coldwater Creek with a five-year, $65 million senior secured term loan. The retailer also announced the completion of an amendment to its $70 million revolving credit facility with Wells Fargo Capital Finance, which matures on May 16, 2016.
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Topco names general counsel
SKOKIE, Ill. — Topco Associates announced that Andrew Broccolo has joined the company as general counsel. In this new position Broccolo, 46, will report directly to Topco president and CEO Randy Skoda.
“I’m thrilled that Andy is now part of our leadership team,” Skoda said. “Andy will be instrumental in helping Topco effectively manage risk while also providing sound legal advice that assists us in driving our day-to-day business of delivering value to the association’s 52 members.”