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Article Date: August 2020
Word Count: 90

Designer Brands Replaces Credit Facility


DBI replaced its $400 million cash flow-based revolving credit facility with a new $400 million asset-based revolver that matures in Aug. 2025, and also closed a $250 million senior secured term loan. The company immediately drew down $150 million from the new revolver to backstop ... Log in to view full article.

 

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