Los Angeles – Although Oaktree Capital planned to buy Quiksilver out of bankruptcy in November, the investment firm still maintains that the SoCal brand is still struggling with the same business struggles. According to WWD, Oaktree agreed to provide up to 115 million dollars in debtor-in-possession financing for the California retailer after...
Dec 31, 2015
While surf brand Quiksilver is attempting to turn things around since their filing for bankruptcy, Oaktree Capital is looking to step in. The Los Angeles-based investment firm is seemingly settling up to buy Quiksilver Inc. out of bankruptcy. Quiksilver filed with the U.S. Bankruptcy Court in September due to the retailer’s outstanding debts. In...
Nov 4, 2015
