Blue apron announces $70.5 million planned capital infusion through debt and equity financings

New york--(business wire)--blue apron (nyse: aprn) announced today two significant capitalization events. the company plans to use the proceeds to pay off its existing term loan, and for general corporate purposes to stay focused on its long-term sustainable growth plan and to continue to execute on its turnaround strategies. blue apron entered into agreements for (i) a new $40.0 million private placement investment by rjb partners llc, an affiliate of joseph n. sanberg, a long-time investor in
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