Caleres Announces Amendment and Extension of Credit Agreement
Caleres, Inc. (CAL)
Last caleres, inc. earnings: 3/12 04:10 pm
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US:NYSE Investor Relations:
investor.caleres.com
Company Research
Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL) (caleres.com) today announced it has entered into an amendment of its credit agreement, which extends its senior secured asset-based revolving credit facility to January 2024, reduces upfront and unused borrowing fees, provides for less restrictive covenants, and offers more flexibility. The company’s borrowing capacity under the agreement is $500 million, and the agreement includes an accordion feature, which allows the company to request an increase in the size of the facility to $750 million in the aggregate. The credit facility will be used for working capital, as backing for trade letters of credit, and for investments in infrastructure, potential acquisitions and general corporate purposes. Bank of America, N.A. is the administrative agent, collateral agent and lead issuing bank. Wells Fargo Bank, National Association is an issuing bank and a sy
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CAL
Earnings
- 3/19/24 - In-Line
CAL
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- CAL's page on the SEC website