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Big Lots Boosts Liquidity, Adds Borrowing Capacity with New Term Loan Facility

Enhances ability to pursue extreme bargain deals and unmistakable value for consumers as part of its five key actions COLUMBUS, Ohio, April 18, 2024 /PRNewswire/ — Big Lots, Inc. (NYSE: BIG), America’s Discount Home Store, announced today it has increased its borrowing capacity by up to $200 million with a new “first in, last out” […]
United States Jonathan Ramsden Citigroup Global Markets Inc P Loan Agent Exchange Commission Big Lots Inc

Gordon Brothers Capital Affiliate Boosts Liquidity for Big Lots with New FILO Term Loan - News

Big Lots has increased its borrowing capacity by up to $200 million with a new "first in, last out" term loan facility (the "FILO Term Loan Facility") through 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Capital. The FILO Term Loan Facility significantly enhances the Company's liquidity position and is incremental to the borrowing...
Jonathan Ramsden Exchange Commission P Loan Agent Big Lots Citigroup Global Markets Inc Loan Agent

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