March 14, 2018 / 8:19 PM / 8 months ago

BRIEF-Stein Mart Closes On New $50 Million Term Loan

March 14 (Reuters) - Stein Mart Inc:

* STEIN MART CLOSES ON NEW $50 MILLION TERM LOAN

* STEIN MART - ‍IN CONNECTION WITH ENTERING INTO TERM LOAN, AMENDED EXISTING SECOND AMENDED & RESTATED CREDIT AGREEMENT​

* STEIN MART INC - AMENDMENT PROVIDES FOR REPAYMENT OF EXISTING $25 MILLION FIRST-IN, LAST-OUT (FILO) A-1 TRANCHE OF CREDIT FACILITY​ Source text for Eikon: Further company coverage:

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