Anastasia Beverly Hills Forbearance Extended Amid Debt Talks

Anastasia Beverly Hills is operating under extended forbearance as the cosmetics retailer and some of its creditors continue debt-restructuring talks, according to people familiar with the situation.

• Lenders agreed to provide the company with more time to address a more than $600 million loan that was due last month, said the people, who asked not to be identified discussing a private matter
  • The extension is set to run out near the end of September, one of the people said
  • The loan was part of the $1.37 billion that TPG paid to Anastasia’s founders for its stake back in 2018 ...