Big Lots secures new $700 million credit agreement

Business Briefs-A +A
SCOTT WOODS | Daily Reporter
Published: 07/26/2011

Big Lots Inc. on Monday announced the signing of a new $700 million, five-year unsecured revolving credit facility, replacing the company’s prior $500 million credit facility which was set to expire in April 2012.

The new deal includes a $200 million Canadian Dollar sub-facility, allowing for the support of Big Lots’ newly acquired Canadian operations.

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