Caleres Secures Expanded Credit Facility in Time for Stuart Weitzman Purchase

Caleres Secures Expanded Credit Facility in Time for Stuart Weitzman Purchase

Caleres now has an expanded borrowing capacity as it nears its targeted closing date of this summer for its Stuart Weitzman acquisition.

#Caleres Strengthens Financial Position Amidst Supplier Challenges with Credit Agreement Extension

In a strategic move aimed at fortifying its financial foundation, Caleres Inc. (NYSE: CAL) announced today the amendment and extension of its credit agreement, significantly enhancing its liquidity and financial flexibility. This comes at a crucial time as the company navigates a challenging market landscape characterized by declining revenues among its suppliers and rising costs. The St. Louis-based footwear and accessories manufacturer reveale…

Allbirds Unveils Major Financial Overhaul: $75M Credit Line Plus New Stock Sale Plan to Fuel Product Innovation

Allbirds strengthens balance sheet with expanded credit facility and ATM program, while preparing to launch 15+ new product styles. See growth strategy details.