When an A-list celebrity dons new garb, it's been said that designer's currency, or status, in the fashion world triples. But when fashion icon Oscar de la Renta executes a financial transaction even institutional investors start to appear absolutely fabulous.

A private placement closed last week for Oscar de la Renta Ltd. in the form of a working capital facility via a single funding source. The deal was agented by UCC Capital Corporation, itself a well branded name in fashion-related financing thanks to a string of executions for deals backed by intellectual property (IP) like trademarks and brand names.

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