Urban Outfitters amends $350 million revolving credit facility, extends maturity to June 2023
Urban Outfitters entered into an amended and restated credit agreement on June 29, 2018 that amends its asset-based revolving credit facility, extending the maturity to June 2023. The facility provides up to $350 million in loans and letters of credit, with an option to expand by up to $150 million, and the filing says funds may be used for working capital and general corporate purposes.
Key points
- Facility size up to $350 million, subject to a borrowing base of eligible accounts receivable and inventory
- Maturity extended to June 2023; option to expand the facility by up to $150 million
- Interest at adjusted LIBOR, CDOR or EURIBOR plus 1.125% to 1.375%, or adjusted ABR plus 0.125% to 0.375%; commitment fee of 0.20% on unused portion
- Obligations guaranteed by the company and certain U.S. subsidiaries and secured by first-priority interest in inventory and receivables
The filing
Written by AI on Nov 8, 2026, 12:57 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 July 02, 2018.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.