Genesco gets $200 million amended and restated revolver

By Sara Rosenberg

New York, Dec. 5 - Genesco Inc. closed on a $200 million amended and restated five-year revolving credit facility, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

Bank of America acted as lead arranger and bookrunner on the deal that was completed on Dec. 1.

Initial pricing on the revolver is set at Libor plus 100 basis points with a 25 bps commitment fee. There is a pricing grid based on excess availability.

There is a $100 million accordion feature.

The facility replaces the company's previous $105 million revolver.

Genesco is a Nashville, Tenn.-based footwear and headwear company.

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