Wells Fargo Agents New $25MM Term Loan for Stage Stores

Wells Fargo Bank acted as administrative agent, collateral agent and term loan agent on a new $25 million term loan for Stage Stores, bringing the total availability under the company’s senior secured revolver to $475 million.

Wells Fargo Agents $25MM Term Loan for Stage Stores

Stage Stores amended its senior secured revolving credit facility agreement with Wells Fargo as administrative agent, collateral agent and term loan agent.

Wells Fargo Agents Stage Stores Facility Upsize to $450MM

Stage Stores increased the capacity under its credit facility from $350 million to $450 million, including a $50 million seasonal increase and $25 million letter of credit sublimit. Wells Fargo served as administrative agent for the transaction.

Wells Fargo Capital Finance Agents Stage Stores Amendment

Stage Stores said it entered into an amended $350 million senior secured revolving credit facility with a bank group led by Wells Fargo Capital Finance as administrative and collateral agent.

Hilco Global Retail to Acquire Stage Stores Retail Stores

Stage Stores announced it reached an agreement to sell its Steele’s off-price retail stores to a new retail unit of Hilco Global.