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January 26, 2010
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| 11:33 EDT |  | SCVL |
| theflyonthewall.com: | Shoe Carnival enters into credit agreement | | Shoe Carnival entered into a Credit Agreement, dated as of January 20, with the financial institutions and Wachovia Bank, National Association, individually as a Bank and as Agent. The Credit Agreement replaces the Amended and Restated Credit Agreement, dated April 16, 1999, between the company and U.S. Bank National Association, Wachovia Bank, National Association and Fifth Third Bank. The Credit Agreement provides for up to $50M in loans and commercial and standby letters of credit. The loans may be revolving loans from the Banks or up to $10M of swingline loans from the Agent. :theflyonthewall.com |
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