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Temasek extends US$200m credit facility to Rent the Runway

Janice Heng
Published Thu, Aug 2, 2018 · 09:50 PM
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Singapore

TEMASEK Holdings has extended a US$200 million credit facility to United States clothing rental firm Rent the Runway.

Announcing the deal on Thursday, Rent the Runway said it would use the funds to drive subscription growth, expand its reverse logistics operations and refinance its existing debt facility.

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