|Bid||10.01 x 800|
|Ask||10.02 x 1000|
|Day's range||9.89 - 10.51|
|52-week range||2.96 - 34.42|
|Beta (5Y monthly)||2.60|
|PE ratio (TTM)||5.25|
|Earnings date||03 Sep 2020 - 07 Sep 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||18.73|
G-III Apparel Group, Ltd. (the "Company") (Nasdaq GS: GIII) today announced that it has priced $400 million aggregate principal amount of 7.875% Senior Secured Notes Due 2025 (the "Notes"). The Notes will be senior secured obligations of, and will be guaranteed on a senior secured basis by, each of the Company’s subsidiaries that are guarantors under its senior secured credit facilities. The Notes offering (the "Offering") is expected to close on August 7, 2020, subject to customary closing conditions.
G-III Apparel Group, Ltd. (the "Company") (Nasdaq GS: GIII) today announced that it intends to offer $350 million aggregate principal amount of Senior Secured Notes Due 2025 (the "Notes"), subject to market and other conditions (the "Offering").
Sluggish retail business has been marring G-III Apparel's (GIII) performance. However, the restructuring plans for its retail unit look encouraging.