Dillard's, Inc. Amends and Extends Revolving Credit Facility
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Dillard's, Inc. has amended and extended its $800 million senior secured revolving credit facility, with a new maturity date set for March 12, 2030. The company retains a $200 million expansion option.
March 18, 2025 | 11:30 am
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POSITIVE IMPACT
Dillard's has successfully amended and extended its $800 million revolving credit facility, ensuring liquidity until 2030, with a $200 million expansion option.
The extension of the credit facility provides Dillard's with long-term financial flexibility and security, which is positive for the company's liquidity position. This move is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on the stock price.
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RELEVANCE 100