Workflow
Dillard's, Inc. Amends and Extends Revolving Credit Facility
Dillard'sDillard's(US:DDS) GlobeNewswire News Room·2025-03-17 20:58

Group 1 - Dillard's, Inc. has amended and extended its $800 million senior secured revolving credit facility, with a new maturity date set for March 12, 2030 [1] - A $200 million expansion option remains available under the credit facility [1] - The credit facility is intended for general corporate purposes, including working capital financing, capital expenditures, and share repurchases, subject to certain restrictions [2] Group 2 - The amended credit agreement does not impose financial covenant requirements as long as availability exceeds $80 million and no specified event of default has occurred [2] - The credit facility was arranged by JPMorgan Chase Bank, N.A. [3]