Linens 'n Things plans $100 million revolver add-on

By Sara Rosenberg

New York, May 15 - Linens 'n Things Inc. plans on increasing its asset-based revolving credit facility to $700 million from $600 million, according to a company news release.

UBS is the lead bank on the deal.

The company expects the increase to be effective before the end of the second quarter.

Linens 'n Things is a Clifton, N.J., retailer of home textiles, housewares and home accessories.

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