Form 8-K Childrens Place, Inc. For: Jul 01
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Children's Place draws $15M from Mithaq credit facility
July 7, 2026 4:34 PM EDTThe Children's Place, Inc. (NASDAQ: PLCE) entered into a $15.0 million term loan with its controlling shareholder, Mithaq Capital SPC ("Mithaq"), on July 1, 2026, according to a company statement.
The loan, structured as a Shariah-compliant, unsecured and subordinated promissory note, represents the first advance under a $40.0 million commitment letter between the two parties originally dated May 2, 2024. Following receipt of the... More
