1-800-FLOWERS lowers interest margins and LIBOR floor on $Term A-1 loans via credit amendment

1 800 FLOWERS COM INC

Second Amendment reduces Applicable Rate margins by 25-50 bps across leverage categories.
LIBOR floor for Term A-1 loans removed (previously 0.75%); minimum LIBO rate definition amended.
Interest period for loans now allows a shorter period; no change to overall facility size.
All existing liens and guarantees reaffirmed; no default or covenant waiver occurred.

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