DESTINATION XL GROUP, INC. (DXLG): debt financing — DXLG amends credit facility: revolver cut to $100M, maturity extended to Aug 2030

DESTINATION XL GROUP, INC.

Revolver commitments reduced from $125M to $100M to align with lower inventory levels.
Maturity extended from October 2026 to August 13, 2030.
Cash Dominion Event threshold: Availability must be ≥ greater of 12.5% of loan cap or $10M.
No outstanding borrowings under the facility as of August 13, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DESTINATION XL GROUP, INC. amended revolving credit of from $125.0 million to $100.0 million with Citizens Bank, N.A. maturing from October 28, 2026 to August 13, 2030.

Instrument: revolving credit
Principal: from $125.0 million to $100.0 million
Counterparty: Citizens Bank, N.A.
Maturity: from October 28, 2026 to August 13, 2030
Event: amendment

Exact text from the filing

(the “Company”) amended its credit facility by entering into the Second Amendment to Credit Agreement (the “Second Amendment”) with the lenders party thereto and Citizens Bank, N.A., as administrative agent for the lenders. This Second Amendment amends the Credit Agreement, dated October 28, 2021, as amended April 20, 2023 (the “Credit Agreement”).

View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

DESTINATION XL GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000813298-25-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.