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Caleres Extends Senior Secured Asset-Based Revolving Credit Facility To June 2030; Increases Borrowing Capacity By $200M To $700M

Author: Benzinga Newsdesk | June 30, 2025 05:48am

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.

Posted In: CAL


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