Neiman Marcus Group entered into a fourth amendment to the credit agreement governing the company’s $900 million asset-based lending facility, led by Bank of America as administrative agent and collateral agent, which amends the company’s existing credit agreement, dated as of Sept. 25, 2020.
The amendment, among other things, modifies the current agreement to extend the maturity date of the credit agreement from Sept. 25, 2024, to Oct. 27, 2028 (subject to a springing maturity date upon the occurrence of certain events).
