---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-319455"
form_type: "8-K"
ticker: "JILL"
cik: "0001687932"
company_name: "J.Jill, Inc."
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:13:56.711049+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# J.Jill refinances $75M term loan; expects ~$2M annual interest savings

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-319455
- form_type: 8-K
- ticker: JILL
- cik: 0001687932
- company_name: J.Jill, Inc.
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1687932/000119312525319455/0001193125-25-319455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1687932/000119312525319455/d28969d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-319455
- JSON: https://secwatch.observer/filing/0001193125-25-319455.json
- Plain text: https://secwatch.observer/filing/0001193125-25-319455.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1687932/000119312525319455/0001193125-25-319455-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1687932/000119312525319455/0001193125-25-319455-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1687932/000119312525319455/0001193125-25-319455-index.htm

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