MonaVie Faces Foreclosure After Loan Default
5/8/2015
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May 12, 2015 -- Jeunesse Global is foreclosing on MonaVie Inc. after MonaVie defaulted on a $182 million note. MonaVie sold the note to TSG-MV Financing, LLC in November 2010 for $182 million, secured by the assets of the company. In March of this year, Jeunesse purchased the note from TSG, according to court documents. A press release from Jeunesse described the deal as an acquisition of MonaV...
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• MonaVie Faces Foreclosure After Loan Default |
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