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.
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