Caleres Inc. has announced a significant amendment to its existing corporate loan agreement, enhancing its financial flexibility. On June 27, 2025, the company, along with certain subsidiaries, entered into a Seventh Amendment to the Fourth Amended and Restated Credit Agreement with a consortium of lenders, including Bank of America, N.A. as the administrative agent. This amendment extends the maturity date of the agreement to June 27, 2030, and increases the available senior secured revolving credit facilities by $200 million, raising the total to $700 million. The credit facilities are secured by a first-priority interest in all accounts receivable, inventory, and other collateral. As of June 26, 2025, Caleres had $271 million in outstanding credit extensions with $229 million still available for borrowing. This strategic financial move positions Caleres for potential growth opportunities, including the acquisition of Stuart Weitzman, as permitted under the new terms.