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Second Avenue Capital Partners Reaches Agreement To Provide Exit Financing For A'GACI

Submitted by jhartgen@abi.org on

Second Avenue Capital Partners, LLC, announced it has provided a $12 million revolving line of credit to A'GACI, LLC, a young women's lifestyle brand and fast fashion retailer, according to a press release. Proceeds from the credit facility will be used as exit financing, enabling A'GACI's emergence from bankruptcy. A'GACI will be led by managing partner David Won, who co-founded the company with his brother John.