Maurices Announces Successful Refinancing and Expanded Lending Partnership

DULUTH, Minn., Sept. 9, 2026 /PRNewswire/ -- Maurices, a leading women's fashion retailer, today announced the successful completion of a refinancing transaction. 

The transaction expands Maurices' longstanding relationship with lending partners Wingspire Capital and Tiger Finance and welcomes Second Avenue Capital Partners to the financing relationship.  This transaction strengthens the company's capital structure through extended maturities and lower borrowing costs. The refinancing is expected to enhance financial flexibility while supporting the company's long-term strategic objectives.

"This refinancing represents an important milestone for Maurices attributable to the success of our business turnaround and strong team.  It further reflects the confidence our lending partners have in our business, our performance, and our future," said Brent Hickman, Chief Operating Officer of Maurices. "As we approach our 96th year of serving customers, this strengthened capital structure provides greater flexibility to invest in the business, continue executing our growth strategy, and serve our customers for years to come. We are grateful for the continued partnership and support of Wingspire, Tiger, and Second Avenue, and we look forward to building on these relationships in the future."

"Wingspire has been proud to support maurices for a number of years, and we're thrilled to extend that relationship through this refinancing. It reflects our continued confidence in the business and its leadership team, and we look forward to supporting the company's continued growth alongside Tiger and Second Avenue," said David Wisen, Founder and CEO of Wingspire Capital.

"Tiger is pleased to continue its partnership with Maurices and to welcome Second Avenue Capital Partners to the upsized FILO term loan facility.  Together with Wingspire, we are excited to provide the capital and flexibility that will allow the Company to execute on its long-term strategy," said Andy Babcock, Senior Managing Director of Tiger Finance.

Maurices was advised by Houlihan Lokey's Capital Solutions Group, which served as exclusive placement agent and assisted the company in arranging, structuring, and negotiating the financing.

Orbin & Company, LLC also served as an advisor to Maurices.

About maurices

Founded in 1931 and headquartered in Duluth, Minnesota, maurices is a leading women's fashion retailer dedicated to inspiring women to look and feel their best. With more than 800 stores across the United States and Canada and a growing digital business at maurices.com, maurices offers size-inclusive fashion, exceptional service, and a personalized shopping experience rooted in its hometown values.

About Wingspire Capital

Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, asset-backed term loans, first-out revolvers & term loans, equipment loans and leases, sale lease-backs, and lender finance.

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with over $319 billion of assets under management as of June 30, 2026. For further information about Wingspire Capital, visit www.wingspirecapital.com.

About Second Avenue Capital Partners 

Second Avenue Capital Partners, LLC, a Schottenstein affiliate, specializes in asset-based loans for the broader retail and consumer products industry. Serving middle-market companies, SACP leverages the experience of retail operators, product merchants, and lenders to deliver customized capital solutions. A unique merchant perspective allows SACP to recognize and unlock value in assets other capital providers often overlook or do not understand. The firm's tailored financial solutions are a vital resource for clients seeking capital to effectuate strategy and achieve financial objectives. Learn more at sacp.com.

About Tiger Finance

Tiger Finance relies on deep asset knowledge to meet the complex capital needs of borrowers from across industries. The secured lending platform unlocks the strategic value of assets such as working capital, machinery and equipment (M&E), fixtures, real estate, and intellectual property (IP). Its intelligent capital solutions for middle-market companies include first-lien, second-lien, and split-lien facilities, typically structured as term debt. Tiger Finance is a division of Tiger Capital Group, which specializes in the provision of secured debt financing and equity investments, as well as comprehensive appraisals for the ABL industry and the disposition of consumer and industrial assets.

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SOURCE maurices