Carter's Secures New $750 Million Five-Year Asset-Based Credit Facility

Reuters
2025/11/18
Carter's Secures New $750 Million Five-Year Asset-Based Credit Facility

Carter's Inc. has announced that its wholly-owned subsidiary, The William Carter Company, has entered into a new five-year senior secured asset-based revolving credit facility of up to $750 million. This new ABL Facility, which replaces the company's previous secured revolving credit facility, provides for borrowings in U.S. dollars as well as up to $100 million in Canadian dollars, Euros, Pounds Sterling, or other agreed currencies. The facility also includes a $100 million sub-limit for letters of credit and a $50 million swing line sub-limit. Carter's and certain domestic subsidiaries have unconditionally guaranteed the facility, which is secured by substantially all of their assets, subject to customary exceptions. As of November 17, 2025, the company reported a borrowing base of approximately $799 million, with about $743 million available under the new facility after accounting for outstanding letters of credit.

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. Carter's 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: 0001060822-25-000164), on November 18, 2025, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10