Conn's announces expansion, extension of revolving credit facility Conn's announced that it completed an expansion and extension of its asset-based loan facility with a syndicate of banks. Under the amended terms, the revolving facility commitment increased $265M to $850M and the maturity date was extended to November 2017. Commitment levels within the existing syndicate of banks increased $165M. Four additional lenders joined the bank syndicate, accounting for the balance of the $265M expansion in commitments under the asset-based loan facility. Borrowing costs under the facility were also reduced by 25 basis points.
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