Kohl's extends credit facility to 2031, lowers borrowing costs and expands liquidity

Filed July 1, 2026 · Period ending June 30, 2026 · ~1 min read

Key Changes

• medium

  Extended $1.5B revolving credit facility maturity by five years to June 30, 2031, reducing near-term refinancing risk and securing longer-term liquidity access.

  Item 1.01 verify on EDGAR →
• medium

  Simplified pricing structure and removed 0.10% SOFR credit spread adjustment, effectively lowering borrowing costs. New margins range from 1.25% to 1.50% for SOFR loans based on a single 50% availability threshold.

  Item 1.01 verify on EDGAR →
• medium

  Added in-transit inventory to borrowing base (up to 15% of total), increasing available liquidity to manage seasonal inventory flows—a practical benefit for retail operations.

  Item 1.01 verify on EDGAR →