Pursuits
Body Central Says Credit Line With Crystal Has Been Terminated
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Body Central Corp., the struggling women’s clothing retailer, said lender Crystal Financial LLC has terminated its $17 million credit line, dealing another blow to a company that’s already exploring bankruptcy.
The lender is cutting the loan because of a notice of default this week from holders of $18 million in debt, Body Central said today in a regulatory filing. The Jacksonville, Florida-based retail chain said it doesn’t currently owe any money to Crystal.