Big Lots signs $200 million credit facility to support Canadian acquisition
July 25, 2011,
Columbus, Ohio - Closeout chain Big Lots Inc. said it is has signed for a new $700 million, five-year unsecured revolving credit facility, which includes a $200 million Canadian dollar sub-facility, to support the growth of the retailer's recently acquired Canadian operation.
This new credit facility will replace Big Lots' prior $500 million credit facility, which was set to expire in April 2012.
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