Carter's amends credit agreement: maturity extended to 2027, revolver increased to $750M, 2025 notes redeemed

CARTERS INC

Maturity extended to April 11, 2027 (springs to Dec 14, 2026 if 2027 Notes >$250M).
Revolving credit facility increased by $100M to $750M USD; total $850M including multicurrency.
Interest rate uses SOFR/SONIA with leverage-based spread of 1.125% to 1.625%.
Sole financial covenant: consolidated total net leverage ratio ≤ 3.50:1 (4.00:1 after material acquisition).
Simultaneously redeemed all outstanding 5.500% Senior Notes due 2025.

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