New York – Brooks Brothers Group Inc. has selected the Asset Based Lending (ABL) Group of TD Bank as the joint lead arranger in a $250 million credit facility. The amount of TD’s commitment and terms of the financing were not disclosed.
"Brooks Brothers is thrilled to have TD Bank as a lead agent in our new credit facility," said Steven Goldaper, CFO, Brooks Brothers. "The retail finance team at TD Bank truly understands retail and more importantly, our business, allowing for the seamless closing of our new revolver credit facility."