The US Bankruptcy Court approved the modified fifth amended joint plan of reorganization of Tailored Brands, Inc. on November 13, 2020. The debtor has filed its modified fifth amended plan in the Court on November 13, 2020. As per the amended plan, administrative Claims, US Trustee Statutory Fees, priority tax claims, other priority claims, professional fee claims, DIP ABL facility claims of $397.90 million, Swap claims of $41.99 million and other secured claims shall receive payment in full in cash. The term loan secured claims shall be of $558.34 million and shall recover 63.7% and will be paid through exit facility and 92.5% new equity (subject to dilution by the exit new money term loan equity backstop fee, the Management incentive plan, and the new warrants). Moores general unsecured claims of $15 million at the option of the applicable debtor shall either be paid in cash or reinstated. Other general unsecured claim is of $722.7 million and shall recover 1.3%. This includes term loan deficiency claims of $318.79 million. Such claim will be paid through either the Liquidating Trust equity recovery or the cash option. GUC convenience claims of $0.25 million is unimpaired and at the option of the applicable debtor shall either be paid in cash or reinstated Intercompany Claims and Intercompany Interests shall be, at the option of the debtors and the required consenting term loan lenders, as applicable, contributed, distributed, eliminated via merger or other corporate transaction, reinstated, canceled and released without any distribution, or otherwise addressed in a manner determined by the debtors and the required consenting term loan lenders. Each holder of an existing equity interests shall receive no recovery on account of such existing equity interest. Section 510(b) Claims shall be discharged, cancelled, released, and extinguished without any distribution to holders of such claims. The plan will be funded through cash on hand, exit term loan facility of $400 million and, issuance of new equity and warrants.