Dillard’s Extends Credit Facility to 2030

Dillard’s ( (DDS) ) just unveiled an announcement.

On March 12, 2025, Dillard’s, Inc. amended its $800 million senior secured revolving credit facility, extending the maturity date to March 12, 2030, with a $200 million expansion option. The amendment, arranged by JPMorgan Chase Bank, N.A., reduces applicable rates and unused commitment fees, reflecting Dillard’s strategic focus on liquidity and operational flexibility, with no financial covenants required if availability exceeds $80 million.

More about Dillard’s

Dillard’s, Inc. operates in the retail industry, primarily offering a wide range of fashion apparel, cosmetics, and home furnishings. The company focuses on providing quality products through its department stores across the United States.

YTD Price Performance: -20.00%

Average Trading Volume: 138,647

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.68B

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