Brief: Destination Xl Group Inc Entered Into A New Credit Facility With Citizens Bank, N.A.

Destination XL

02/11/2021 11:56

Nov 2 (Reuters) - Destination XL Group Inc  DXLG.O :
    * DESTINATION XL GROUP INC - ON OCTOBER 28, CO ENTERED INTO
A NEW
CREDIT FACILITY WITH CITIZENS BANK, N.A.
    * DESTINATION XL GROUP INC - DEAL TO EXTEND MATURITY DATE
FOR FIVE
YEARS ON MORE FAVORABLE TERMS THAN WERE IN PLACE WITH EXISTING
CREDIT FACILITY
    * DESTINATION XL GROUP INC - NEW CREDIT FACILITY IS A $125.0
MILLION SECURED, ASSET-BASED REVOLVING FACILITY WITH A MATURITY
DATE OF OCTOBER 28, 2026

Source text for Eikon: [https://bit.ly/2ZITjLP]
Further company coverage:  DXLG.O 

 ((Reuters.Briefs@thomsonreuters.com;))