J.Jill Secures $75 Million Five-Year Term Loan to Refinance Debt

Reuters
2025/12/16
J.Jill Secures $75 Million Five-Year Term Loan to Refinance Debt

J.Jill Inc. has completed the refinancing of its existing credit agreement by securing a new $75 million senior secured five-year term loan facility. The new facility, provided by an affiliate of Manulife and Comvest Credit Partners with CCP Agency, LLC acting as Administrative Agent, Collateral Agent, and Sole Lead Arranger, replaces J.Jill's previous term loan dated April 5, 2023. The company expects the refinancing to deliver approximately $2.0 million in annual cash interest expense savings and provide enhanced financial flexibility. Morgan, Lewis & Bockius LLP served as legal advisor to J.Jill for the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. J.Jill Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251215801481) on December 15, 2025, and is solely responsible for the information contained therein.

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