Dillard's, Inc. announced on March 17, 2025, that it has amended and extended its $800 million senior secured revolving credit facility. The new maturity date for the facility is March 12, 2030.
The credit facility includes a $200 million expansion option, maintaining the company's access to additional capital if needed. This facility is available for general corporate purposes, including working capital, letters of credit, capital expenditures, and share repurchases.
The amended agreement includes no financial covenant requirements, provided that availability exceeds $80 million and no specified event of default has occurred. This extension strengthens Dillard's financial foundation and provides long-term liquidity for its operations and capital allocation strategies.
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