The William Carter Company, a wholly owned subsidiary of Carter’s, a branded marketer of baby and children’s clothing, amended its existing $375 million revolving credit facilities with a new $500 million senior secured revolving facilities to finance working capital and other general corporate purposes of its subsidiaries.

The financing consisted of a $400 million senior secured revolving facility and a $100 million multicurrency senior secured revolving loan facility.

According to a related 8-K filing, the lender group was led by JPMorgan Chase as administrative agent.

Paul Hastings represented Carter in securing the amendment. The firms team was led by leveraged finance partner Michael Chernick and corporate partner Elizabeth Noe, and included associates Holly Snow and Joyce Shin.