Chico’s amends revolving facility, expands commitments to $125 million

By Tali Rackner

Norfolk, Va., March 3 – Chico’s FAS, Inc. entered into the third amendment to its revolving credit facility on Feb. 25, expanding the commitment under the revolver to $125 million from $70 million, according to an 8-K filing with the Securities and Exchange Commission.

The amendment also increases the maximum total debt leverage ratio to 3.5 to 1.

JPMorgan Chase Bank, NA is the administrative agent and swingline lender.

Chico's is a Fort Myers, Fla.-based specialty retailer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.