AAP amends credit agreement: revolver reduced to $1.0B, new covenants

ADVANCE AUTO PARTS INC

Revolving facility reduced from $1.2B to $1.0B; commitment decreased by $200M.
Permits up to $575M restructuring charges add-back to EBITDAR; up to $800M cash netted from debt.
Minimum consolidated coverage ratio lowered to 1.50x through July 2025, then 1.75x.
New restrictions: no share repurchases or dividend increases; springing liens on deposits/AR if ratings drop.

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