Beyond (BYON) announced the closing of a $5.2M expansion of the existing credit facility with Kirkland’s (KIRK). The upsized facility is intended to strengthen Kirkland’s financial position, provide flexibility for general working capital purposes and support an updated store conversion strategy. Additionally, the companies have entered into an agreement for Beyond to acquire the rights of Kirkland’s in the Kirkland’s brand, expanding Beyond’s portfolio of iconic brands.
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