Caleres announces amendment and extension of credit agreement

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 june 2030. the company's borrowing capacity under the agreement will increase by $200 million to $700 million, and the agreement includes an accordion feature, which allows the company to request an increase in the size of the facility to $950 million in the aggregate. “the expanded facil.
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