debt
confidence high
sentiment neutral
materiality 0.50
Arhaus extends credit facility maturity to 2030, raises LC commitment to $15M
Arhaus, Inc.
- Third Amendment extends revolving credit facility maturity to October 17, 2030.
- Letter of credit commitment increased to lesser of $15 million and total facility ($75 million).
- Revolving commitments unchanged at $75 million; option to increase by $25 million remains.
- Existing guarantees and security interests reaffirmed; no change to total borrowing capacity.
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