Citi Trends amends credit agreement, extends maturity to April 2030

Citi Trends Inc

Maturity extended five years from August 2026 to April 10, 2030.
$75M facility maintained, with $25M uncommitted accordion up to $100M.
Interest rates: Term SOFR + 1.5-2% or Base Rate + 1.5-2%, based on daily availability.
Collateral remains inventory, accounts receivable, and related assets (not real estate).
Fixed charge coverage ratio covenant tested only in certain circumstances.

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.