American Eagle extends $700M credit facility to 2031, adjusts interest rate terms

Filed June 10, 2026 · Period ending June 4, 2026 · ~1 min read

Key Changes

• high

  Extended maturity of $700 million asset-based credit facility by nearly four years, from June 2027 to June 2031, reducing near-term refinancing risk and providing longer liquidity runway.

  Item 1.01 verify on EDGAR →
• medium

  Simplified interest rate structure by removing SOFR adjustments and raising margins. New rates: SOFR plus 1.25%-1.50% or base rate plus 0.25%-0.50%, based on borrowing availability. May result in modestly higher borrowing costs.

  Item 1.01 verify on EDGAR →
• medium

  Executed Amendment No. 2 to credit agreement with PNC Bank as administrative agent, modifying existing borrowing arrangements under the company's revolving credit facility.

  Item 2.03 verify on EDGAR →