Levi Strauss amends credit agreement, extends maturity to 2026

By Taylor Fox

New York, Jan. 7 – Levi Strauss & Co., Levi Strauss & Co. (Canada) Inc. and certain other subsidiaries entered into a second amendment to their second restated credit agreement, according to an 8-K filing with the Securities and Exchange Commission.

The restated credit agreement modifies some terms of the existing credit agreement including extending the term of the agreement to January 2026 and reducing the letter of credit sublimit to $150 million from $350 million.

JPMorgan Chase Bank, NA is administrative agent and JPMorgan Chase Bank, NA, Toronto Branch, is multicurrency administrative agent

Levi Strauss is a San Francisco-based apparel and jeanswear company.

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