Financing ·
Kohl's Corporation entered into a Second Amendment to its Revolving Credit Facility with Wells Fargo Bank, National…
KSSKOHLS Corp
Kohl's Corporation entered into a Second Amendment to its Revolving Credit Facility with Wells Fargo Bank, National Association, extending the maturity date to June 30, 2031. The amendment modifies the Applicable Margin pricing grid and removes the 0.10% credit spread adjustment from Term SOFR, while also adding an in-transit inventory basket to the borrowing base. Kohl's Corporation is a retail company that sells department store goods through its various locations.