Brief: Big Lots Inc - Co, Some Units Entered Second Amendment To $900 Million Five-Year Asset-Based Revolving Credit Facility

Former BL Stores

02/08/2024 23:12

Aug 2 (Reuters) - Big Lots Inc  BIG.N :
    * CO, SOME UNITS ENTERED SECOND AMENDMENT TO $900 MILLION
FIVE-YEAR ASSET-BASED REVOLVING CREDIT FACILITY
    * ABL AMENDMENT AMENDS 2022 CREDIT AGREEMENT TO INCREASE
NUMBER OF
PERMITTED STORE CLOSINGS FROM 150 TO 315
    * CO, SOME UNITS ENTERED AMENDMENT NO. 1 TO $200 MILLION
“FIRST
IN, LAST OUT” DELAYED DRAW TERM LOAN FACILITY
    * ABL AMENDMENT AMENDS 2022 CREDIT AGREEMENT TO REDUCE
AGGREGATE
COMMITMENTS UNDER 2022 CREDIT AGREEMENT TO $800 MILLION
    * TERM LOAN AMENDMENT AMENDS TERM LOAN FACILITY TO INCREASE
NUMBER
OF PERMITTED STORE CLOSINGS FROM 150 TO 315

Source text for Eikon:  ID:n0000768835-24-000055 
Further company coverage:  BIG.N 

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