Guess?, inc. announces new eur 250 million european credit facility with sustainability-linked component

Los angeles--(business wire)--guess?, inc. (nyse: ges) today announced that it has entered into a €250 million revolving credit facility through its wholly-owned swiss subsidiary, guess europe sagl. the facility has an initial term of five years, with an option to extend the maturity date by up to two years and an option to expand the facility by up to €100 million, subject to certain conditions. the new facility replaced certain short-term borrowing arrangements with various banks totaling €12
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