Men’s Wearhouse Ups Debt Sale to $1.1 Billion to Boost Payout

Tailored Brands Inc., the parent company of Men’s Wearhouse, boosted its loan and bond offerings by a combined $200 million to fund an even larger dividend payout to its owners.

The menswear company’s term loan was increased by $150 million to $650 million on Thursday, while its junk bond was hiked by $50 million to $450 million, according to a person familiar with the matter.