Tory Burch Seeks Loan to Buy Back General Atlantic’s Stake

Luxury retailer Tory Burch LLC intends to repurchase private equity firm General Atlantic’s stake with some of the proceeds of a planned $700 million leveraged loan.

By Rachel Graf, Jeannine Amodeo · Bloomberg Markets

Luxury retailer Tory Burch LLC intends to repurchase private equity firm General Atlantic’s stake with some of the proceeds of a planned $700 million leveraged loan.