Tommy Hilfiger amends loan, extending maturity, cutting size

By Sara Rosenberg

New York, Feb. 15 - Tommy Hilfiger USA Inc. amended its letter-of-credit facility, extending the term to July 31 from April 19 and decreasing the size to $100 million from $150 million, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

The amendment was completed on Feb. 10.

JPMorgan Chase Bank is the administrative agent on the deal.

Tommy Hilfiger is a Hong Kong-based clothing company.

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