Press Release: Brown Jordan : Marathon Asset Management Closes $155 Million Credit Facility for Brown Jordan

NEW YORK & ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Marathon Asset Management ("Marathon") today announced the closing of a $155 million credit facility for Brown Jordan Inc. ("Brown Jordan" or the "Company"), a leading designer, manufacturer, distributor and retailer of outdoor and indoor furniture for the commercial and residential markets in the U.S. Proceeds from the financing, comprised of a first lien and second lien term loan, repaid the existing loan in full and positions the Company for s