debt
confidence high
sentiment neutral
materiality 0.35
Lulu's Fashion Lounge amends credit facility to allow earlier inventory borrowing base inclusion
Lulu's Fashion Lounge Holdings, Inc.
- Amendment moves increased inventory formula availability start from Aug 14, 2026 to July 21, 2026.
- Borrowers can use increased inventory formula once before June 30, 2027 and twice after.
- During July 2026 Increased Inventory Availability Period, excess revolver availability threshold for increased reporting lowered from $5M to $4M.
- Borrowers paid a $10,000 amendment fee and a $25,000 increased inventory availability fee.