Kohl's Corp amended its revolving credit facility with Wells Fargo and other lenders, extending the maturity by five years to June 30, 2031. The amendment adjusts the interest rate margins to a simpler structure, ranging from 0.25% to 0.50% for base rate loans and 1.25% to 1.50% for SOFR loans. It also expands the borrowing base to include up to 15% of eligible in-transit inventory.
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