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02

Oaktree Said to Boost Quiksilver Bet as Company Exits Bankruptcy

By Tony Seruga

Oaktree Capital Management LP is among lenders that have agreed to fund Quiksilver Inc.’s operations as it emerges from bankruptcy, according to people with knowledge of the matter.

Oaktree, which is set to take control of the reorganized company, committed to a $50 million loan, said the people, who asked not to be named because the investments are private. Bank of America Corp. and Wells Fargo & Co. will also provide $140 million in an asset-backed loan, the people said…

Oaktree Said to Boost Quiksilver Bet as Company Exits Bankruptcy

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