Deals
NFL-Backed New Era Cap Secures $600 Million Term Loan Amid IPO Speculation
- Banks including BofA, JPMorgan and Citi co-lead the financing
- CEO says he could see himself running public company
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For over a century, New Era Cap has reined as one of the most recognizable names in hatmaking.
While best-known as an official headwear licensing partner for Major League Baseball and the National Football League, the Buffalo, New York-based company’s cachet has also been boosted by luxury collaborations with the likes of Yves Saint Laurent and Fear of God.