J.Jill, Inc. (JILL): debt financing — J.Jill refinances $75M term loan; expects ~$2M annual interest savings

J.Jill, Inc.

New $75M senior secured term loan matures Dec. 12, 2030, repaying existing April 2023 credit agreement.
Interest at Base Rate + 4.50% (4.25% after June 2026) or Term SOFR + 5.50% (5.25% after June 2026).
Annual cash interest expense savings of approximately $2.0 million, excluding one-time accelerated debt issuance costs.
Facility provided by an affiliate of Manulife | Comvest Credit Partners; CCP Agency as administrative agent and lead arranger.

item 1.01 item 1.02 item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

J.Jill, Inc. incurred term loan of $75,000,000 with CCP Agency, LLC at Base Rate plus 4.50% through June 30, 2026 and 4.25% thereafter or Term SOFR plu maturing December 12, 2030.

Instrument: term loan
Principal: $75,000,000
Counterparty: CCP Agency, LLC
Rate: Base Rate plus 4.50% through June 30, 2026 and 4.25% thereafter or Term SOFR plu
Maturity: December 12, 2030
Event: incurrence

Exact text from the filing

The Credit Agreement provides for a senior secured term loan facility in an aggregate principal amount of $75,000,000 with a maturity date of December 12, 2030.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

J.Jill, Inc. entered into Term Loan Credit Agreement with CCP Agency, LLC valued at $75,000,000 (effective 2025-12-12).

Action: entry
Agreement: credit facility
Counterparty: CCP Agency, LLC
Value: $75,000,000
Effective: 2025-12-12

Exact text from the filing

On December 12, 2025 (the “Effective Date”), J.Jill, Inc. (the “Company”) and Jill Acquisition LLC (the “Borrower”) entered into a Term Loan Credit Agreement (the “Credit Agreement”), with the lenders party thereto from time to time and CCP Agency, LLC, as administrative agent and as collateral agent.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

J.Jill, Inc. terminated Existing Term Loan Credit Agreement with Jefferies Finance LLC valued at indebtedness repaid in full and agreement terminated (effective 2025-12-12).

Action: termination
Agreement: credit facility
Counterparty: Jefferies Finance LLC
Value: indebtedness repaid in full and agreement terminated
Effective: 2025-12-12

Exact text from the filing

The Borrower used the entire $75,000,000 proceeds of the new term loan to pay off all outstanding indebtedness under the existing Term Loan Credit Agreement, dated as of April 5, 2023, by and among the Company, the Borrower, Jefferies Finance LLC, as administrative agent and as collateral agent, and the lenders party thereto, as amended (the “Existing Credit Agreement”).

View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

J.Jill, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-319455

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.