Second Avenue Capital Partners provides USD $20MM revolving credit facility to RUDSAK
Counsel to Second Avenue Capital Partners with respect to its credit facility to RUDSAK
Second Avenue Capital Partners completed a USD $20 million senior secured credit facility to RUDSAK, one of Canada’s leading lifestyle brands in outerwear, apparel, footwear, and accessories. The facility, complemented by subordinated financing from Investissement Québec, supports RUDSAK’s ongoing expansion of its e-commerce and wholesale channels.
Second Avenue Capital Partners, LLC provides asset-based loans and structured financing solutions for middle-market retail and consumer products companies. RUDSAK, founded in 1994, is a Canadian fashion brand recognized for premium outerwear and accessories. Investissement Québec is a provincially owned corporation supporting Québec’s economic development, including financing and business consulting services.
Miller Thomson advised Second Avenue Capital Partners with a team led by Kenneth Rosenstein and Luc-Antoine Manneh (Financial Services) and comprised of Erika Cabral (Financial Services), Karen Durell (Technology, IP & Privacy), Alexandre Benoit (Paralegal) and Jessie Chau (Paraprofessional).