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Carter’s draws all $750 million available under revolving facility
By Sarah Lizee
Olympia, Wash., March 26 – Carter’s, Inc. drew substantially all of the $750 million available under its revolving credit facility to improve near-term liquidity, according to a press release.
The company said it suspended store operations in the United States and Canada beginning on March 19 for the safety of customers and employees.
Carter’s is an Atlanta-based marketer of infant's and children's apparel.
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