Bon-Ton Amends BofA-Led ABL Credit Facility

The Bon-Ton Stores amended its $880 million ABL Tranche A and Tranche A-1 credit facility, providing the company with immediate flexibility and substantial additional liquidity under its current credit facility.

Bon-Ton Unlocks Additional Capital Via $18.9MM Sale-Leaseback

The Bon-Ton Stores entered into an agreement for a $18.9 million sale-leaseback transaction for its Herberger’s location at Rosedale Center in Roseville, MN.

Bon-Ton Hires AlixPartners to Oversee Turnaround

Reuters reported that U.S. department store chain Bon-Ton Stores hired advisory firm AlixPartners to help turn around its business and slash its debt load.

Bank of America Agents Bon-Ton Extension

The Bon-Ton Stores successfully extended its $730 million ABL Tranche A credit facility with Bank of America as administrative agent to April 2022.

BofA Agents Bon-Ton ABL Facility Amendment

The Bon-Ton Stores amended its existing $675 million ABL revolver that was scheduled to mature in March 2016. Bank of America continues to serve as agent on the credit facility.