Children’s Place has entered into a non-binding term sheet for $130M term loan

The Children’s Place announced that it has entered into a non-binding term sheet with 1903P Loan Agent, as Lender, Administrative Agent and Collateral Agent, for a $130 million term loan. Additional details concerning the Term Sheet, certain of the expected terms of the Term Loan, and the Company’s ongoing activities concerning strategic alternatives, may be found in the Form 8-K filed by the Company with the Securities and Exchange Commission on February 16, 2024.