Sprouts Farmers Market closes $700M revolving credit facility, refinancing prior facility

Sprouts Farmers Market, Inc.

New $700M revolving credit facility matures March 2027, replaces prior $700M facility.
At closing, $250M drawn and $32M letters of credit outstanding; $418M available.
Pricing includes sustainability-linked adjustments based on board diversity and sustainable product sales.
CFO Chip Molloy says facility provides greater financial flexibility as Sprouts grows.

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