Financing ·
Chewy, Inc. entered into a $600.0 million seven-year senior secured term loan credit facility on June 23, 2026, with…
CHWYChewy, Inc.
Chewy, Inc. entered into a $600.0 million seven-year senior secured term loan credit facility on June 23, 2026, with JPMorgan Chase Bank, N.A. as administrative agent. The facility provides for interest rates based on Term SOFR or base rate, with an applicable margin of 1.75% for Term SOFR and 0.75% amortizing in equal quarterly installments of 1% of the original principal annually. Additionally, the Company entered into Amendment No. 4 to its existing ABL Credit Agreement to extend the maturity date to June 23, 2031. Chewy, Inc. is an e-commerce retailer specializing in pet supplies and services.