Tapestry entered into amendment no. 1 to revolving credit facility dated oct 24, 2019

Tapestry - on may 19, entered into amendment no. 1 to revolving credit facility dated as of october 24, 2019.tapestry - under terms of amendment, during period from effective date until oct. 2, 2021, co must maintain available liquidity of $700 million.tapestry - during covenant relief period, co must comply on qtrly basis with maximum net leverage ratio of 4.0 to 1.0.tapestry - an increased interest rate will be applicable during covenant relief period when co's gross leverage ratio exceeds 4.0 to 1.0.
TPR Ratings Summary
TPR Quant Ranking