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Clothing subscription service Rent the Runway gives up around 86% ownership to three lenders in exchange for $240M+ in debt relief and $20M in fresh financing
bloomberg.com/news/articles/2025-08-21/rent-the-runway-to-swap-debt-for-equity-in-revival-effort
This story appeared on bloomberg.com, 2025-08-22 14:04:26.012000.