Five Below doubles revolving credit facility to $450 million
Bitget2026/10/14 20:49- Five Below doubled its senior secured asset-based revolving credit facility to $450 million from $225 million under an Oct. 14, 2026 amendment.
- The amendment extended the facility’s maturity to Oct. 14, 2031, from Sept. 16, 2027.
- The letter of credit subline increased to $50 million from $20 million.
- Wells Fargo Bank serves as agent for the lenders, with 1616 Holdings as guarantor.
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