AP NEWS

Broomfield-based Xero Shoes Completes Debt Transaction

September 27, 2018

Steven Sashen and Lena Phoenix, pictured in August 2017, are co-founders of Xero Shoes.

Broomfield-based Xero Shoes recently announced it completed a $2.3 million debt transaction with JPMorgan Chase Bank.

The shoe company plans to use the capital to support growth, increase its product line and marketing efforts, and refinance existing debt, according to a news release.

JPMorgan Chase is building a $220 million operations center at the new Baseline business park at Colo. 7 and Sheridan Parkway.

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