Iconix Brand Group is planning to issue a securitization of flows from brand licensing for $250 million, the company said in a release. The deal will be a 144a.
The company issued a $600 million securitization last November, with Barclays as the arranger. The upcoming transaction will be a re-tap of that deal, according to a market source. In October 2012, Iconix said it was launching a $1.1 billion asset-backed issuance program.