At Home Group Engages Adviser in Effort to Raise New Financing

At Home Group Inc. is working with financial advisory firm PJT Partners to explore options to raise cash, and is holding confidential talks with some creditors to help address its liquidity needs, according to people with knowledge of the situation.

Among the options the Hellman & Friedman-backed company is considering is a first-in-last-out loan tranche — a type of financing where funds that are lent out are the last to be repaid, Bloomberg reported.

Representatives for the company, Hellman & Friedman and PJT declined to comment.

The home decor retailer last month warned that revenue pressures would persist into ...