Financing ·
On June 4, 2026, American Eagle Outfitters, Inc. entered into Amendment No. 2 to its Second Amended and Restated…
AEOAmerican Eagle Outfitters Inc
On June 4, 2026, American Eagle Outfitters, Inc. entered into Amendment No. 2 to its Second Amended and Restated Credit Agreement. The amendment extends the maturity date of the $700 million senior secured asset-based revolving credit facility from June 24, 2027, to June 4, 2031. It also simplifies interest rate calculations by removing the SOFR and Term CORRA adjustments and increasing the applicable margin. Borrowings will now accrue at an adjusted SOFR rate plus a margin of 1.250% to 1.500%, or an alternate base rate plus a margin of 0.250% to 0.500%, depending on average borrowing availability. The company operates in the retail industry and sells apparel and accessories.