In light of the current market conditions, Broder Bros., Co. has retained Miller Buckfire & Co., LLC as its financial advisor and investment banker and Kirkland & Ellis LLP as special counsel as it explores its financing and strategic alternatives with respect to its long-term capital structure.
“We are focused on improving our capital structure, specifically with respect to the 11.25% Senior Unsecured Notes which are due Oct. 15, 2010,” said Broder CEO Thomas Myers. “We believe Miller Buckfire will help us communicate our situation and proposals to note holders in a manner that will result in a rapid solution to our long-term capital needs and allow us to continue to live up to our commitments to customers, employees, suppliers and investors.”
