---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-112357"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2026-09-30T20:30:35+00:00"
generated_at: "2026-10-12T14:07:01.433538+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Children's Place enters $25M Mithaq term loan, cuts remaining Mithaq facility availability to zero

## Summary
- The Children's Place and subsidiaries entered a $25.0M Shariah-compliant unsecured subordinated promissory note with Mithaq Capital SPC on Sept. 24, 2026, as second advance under $40.0M commitment.
- Fourth Mithaq Term Loan matures April 16, 2031; interest at one-month SOFR plus 9.00% per annum, with monthly cash payments subject to deferment.
- Proceeds will prepay amounts under Wells Fargo's $350.0M revolving credit facility, reduce vendor accounts payable, and fund general corporate purposes.
- Mithaq is a controlling shareholder; Executive Chairman Turki Saleh A. AlRajhi is Mithaq Holding's Chairman/CEO, and President/Interim CEO Muhammad Asif Seemab is a Mithaq Managing Director.
- Wells Amendment, SLR Amendment, and Subordination Amendment dated Sept. 24, 2026 do not increase commitments under the Wells Credit Agreement or SLR Loan Agreement.

## SEC filing metadata
- accession: 0001104659-26-112357
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2026-09-30T20:30:35+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041859/000110465926112357/0001104659-26-112357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000110465926112357/tm2626671d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-112357
- JSON: https://secwatch.observer/filing/0001104659-26-112357.json
- Plain text: https://secwatch.observer/filing/0001104659-26-112357.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.