1-800-Flowers.com entered into an amended credit agreement with JPMorgan Chase as administrative agent, providing for a term loan facility, a revolving credit facility and the issuance of letters of credit.

The agreement amends and restates the company’s existing credit agreement, dated September 30, 2014, which extends the maturity date of the approximately $115 million outstanding term loan and the revolving credit facility by approximately two years to December 23, 2021.

The agreement contains customary provisions for the prepayment of loans under the term loan facility. Such loans, once prepaid, may not be reborrowed. The term loan facility will mature on December 23, 2021.

Commitments to the revolving credit facility are in an original amount of $200 million and are subject to seasonal reduction to $100 million for the period from January 1 through August 1 for each fiscal year. Amounts borrowed under the revolving credit facility may be prepaid and reborrowed. The revolving credit facility will terminate, and any outstanding borrowings, on December 23, 2021.

The agreement is secured by substantially all of the assets of the company and the subsidiary guarantors.

Each borrowing under the agreement may bear interest, at the company’s decision, at either a base rate plus an applicable margin varying based on the company’s consolidated leverage ratio.