Arhaus Inc. has announced an amendment to its existing credit agreement with Bank of America, N.A. and other lenders. Under the new terms, the maturity date of the company's revolving credit facility has been extended to October 17, 2030. Additionally, the amendment increases the letter of credit commitment to the lesser of $15 million or the current amount of the revolving credit facility. The total aggregate revolving credit commitments remain at $75 million, with an option for Arhaus to increase the commitment by an additional $25 million in the future.
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