The Children's Place, Inc. Enters into a Non-Binding Term Sheet for $130 Million Term Loan

The Children's Place, Inc. is a children’s specialty apparel retailer in North America. It provides apparel, footwear, accessories, and other items for children and tweens. It designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell merchandise under The Children’s Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names. Its segments include The Children’s Place U.S. and The Children’s Place International. The Children’s Place U.S. segment includes the United States and Puerto Rico-based stores. The Children’s Place International segment includes Canadian based wholesale business, as well as international franchisees. It serves the wardrobe needs of girls and boys (sizes 4-18), toddler girls and boys (sizes 6 months-5T), and baby (sizes 0-24 months). It operates over 613 stores throughout North America. Its merchandise is available online at www.childrensplace.com, www.gymboree.com, www.sugarandjade.com and https://www.pjplace.com.