secwatch.observer — SEC 8-K summary
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Issuer:     Burlington Stores, Inc. (BURL)
CIK:        0001579298
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0000950170-25-086221
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Burlington Stores subsidiary adds $500M in term loans; total term loans outstanding $1.74B
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- Burlington Coat Factory Warehouse Corp. borrowed $500M in incremental Term B-7 Loans via Amendment No. 12 to credit agreement.
- Proceeds will fund purchase of a distribution center and repay ABL borrowings.
- Amendment No. 12 adds $500M at 99.0 OID; terms identical to existing Term B-7 Loans.
- Total outstanding Term B-7 Loans (including new) now $1,743,750,000.
- JPMorgan, BofA Securities, and Wells Fargo acted as joint lead arrangers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579298/000095017025086221/0000950170-25-086221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579298/000095017025086221/burl-20250611.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-086221

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