Brand House Collective Inc. Secures $20 Million Delayed-Draw Term Loan with Bed Bath & Beyond, Inc. and Amends Credit Agreement with Bank of America

Reuters
09/16
Brand House Collective Inc. Secures $20 Million Delayed-Draw Term Loan with Bed Bath & Beyond, Inc. and Amends Credit Agreement with Bank of America

Brand House Collective Inc. has entered into significant financing agreements with key partners. On September 15, 2025, the company and its subsidiaries executed Amendment No. 1 to the Amended and Restated Term Loan Credit Agreement with Bed Bath & Beyond, Inc. This amendment establishes new delayed-draw term loan commitments totaling $20 million. Additionally, Brand House Collective signed a Fourth Amendment to the Third Amended and Restated Credit Agreement with Bank of America, N.A., which adjusts various terms to accommodate the new loan commitments from Beyond and modifies the ownership percentage definition regarding Beyond. These agreements are part of a broader strategy involving the Purchase Agreement amendment, which increased the purchase price for the Kirkland's Brand from $5 million to $10 million, facilitating the release of liens and restructuring of trademark licensing arrangements. The funds from these agreements will support Brand House Collective's general working capital and operating expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brand House Collective Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-029062), on September 15, 2025, and is solely responsible for the information contained therein.

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