March 5, 2018 / 10:07 PM / 9 months ago

BRIEF-Ascena Retail ‍Entered Into Fifth Amendment For Existing Revolving Credit Agreement

March 5 (Reuters) - Ascena Retail Group Inc:

* ASCENA RETAIL GROUP INC - ‍ENTERED INTO FIFTH AMENDMENT AGREEMENT THAT AMENDS CO’S EXISTING REVOLVING CREDIT AGREEMENT DATED AS OF AUG 21, 2015​

* ASCENA RETAIL GROUP INC - ‍2018 REVOLVING CREDIT AGREEMENT PROVIDES A SENIOR SECURED ASSET BASED REVOLVING CREDIT FACILITY OF $500 MILLION​

* ASCENA RETAIL GROUP - ‍REVOLVING CREDIT FACILITY ALSO MAY BE USED FOR ISSUANCE OF LETTERS OF CREDIT AND INCLUDES $200 MILLION LETTER OF CREDIT SUBLIMIT ​

* ASCENA RETAIL GROUP-2018 AGREEMENT PROVIDES SENIOR SECURED ASSET BASED REVOLVING CREDIT FACILITY OF $500 MILLION WITH OPTIONAL INCREASE OF UP TO $200 MILLION​ Source: (bit.ly/2tjeyCW) Further company coverage:

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