G-III Apparel signs $700 million five-year ABL credit facility maturing 2029
G-III Apparel's subsidiaries entered into a third amended and restated asset-based revolving credit agreement on June 4, 2024, with JPMorgan Chase Bank, N.A. as administrative agent. The facility provides up to $700 million, up from $650 million under the prior agreement, and extends maturity to June 4, 2029 from August 7, 2025. Borrowings are secured by specified assets and carry SOFR-based interest rates plus a margin of 1.50% to 2.00%.
Key points
- Facility size: up to $700 million, versus $650 million under the Second Credit Agreement
- Maturity extended to June 4, 2029 from August 7, 2025, subject to a springing maturity date
- Interest at SOFR plus 1.50% to 2.00%, or alternate base rate plus 0.50% to 1.00%, based on average daily availability
- Borrowers are G-III Leather Fashions, Riviera Sun, AM Retail Group and The Donna Karan Company Store LLC
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 06, 2024.
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