August 2, 2017 / 4:51 PM / 9 months ago

BRIEF-Iconix Brand enters new 5-yr $300 mln senior secured term loan facility ​

Aug 2 (Reuters) - Iconix Brand Group Inc:

* Has entered into a new five-year $300 million senior secured term loan facility with Deutsche Bank AG​

* New $300 million term loan will bear interest at libor + 7.0 pct per annum​

* Proceeds from loan facility will be used to repay company’s convertible senior subordinated notes due march 2018 Source text for Eikon: Further company coverage:

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