Capri reduces revolver commitment to $1.0B and extends maturity to 2031

Capri Holdings Ltd

Reduced aggregate revolving commitments from $1.5B to $1.0B.
Extended maturity of commitments to June 24, 2031.
Amendment dated June 24, 2026; $125M LC sub-facility and $100M swingline loans.
Net leverage ratio covenant remains at 4.0:1 (can increase to 4.5:1 post-acquisition).
Interest based on alternate base rate or term SOFR plus applicable margin; unused commitment fee 10-20 bps.

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.