The company announces that it has entered into a non-binding term sheet for $130 million term loan

Secaucus, n.j., feb. 16, 2024 (globe newswire) -- the children's place, inc. (nasdaq: plce), an omni-channel children's specialty portfolio of brands with an industry-leading digital-first model, today announced that it has entered into a non-binding term sheet with 1903p loan agent, llc (“gordon brothers”), as lender, administrative agent and collateral agent, (the “term sheet”), for a $130 million term loan (the “term loan”).
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