United States

DSW enters credit agreement for $300 mln

Thursday, 31 Aug 2017 11:53am EDT 

Aug 31 (Reuters) - DSW Inc ::Says on Aug 25, co entered credit agreement among co, as the lead borrower, certain of its Canadian units that may become borrowers thereunder, others.Says ‍credit agreement provides for a senior unsecured $300 million revolving credit facility - SEC filing​.Says credit agreement provides for swing loans of up to $15 million, issuance of standby or commercial letters of credit of up to $50 million - SEC filing.Says credit agreement matures on August 25, 2022.Says credit agreement also provides issuance of loans or letters of credit denominated in optional currency in amount not to exceed of $75 million. 

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