debt
confidence high
sentiment neutral
materiality 0.55
Burlington Stores increases credit facility to $1B, extends maturity to 2030
Burlington Stores, Inc.
- Commitments increased from $900M to $1B via Sixth Amendment to credit agreement.
- Maturity of commitments and loans extended from Dec. 22, 2026 to July 25, 2030.
- Amendment requires availability of at least $500M after giving effect to amendment.
- Conditions include no material adverse effect and no default; all Loan Parties reaffirm obligations.
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