Torrid Holdings Inc.'s subsidiary, Torrid LLC, has entered into a significant amendment to its credit agreement with Bank of America, N.A. On August 1, 2025, the company finalized the Fifth Amendment to its Amended and Restated Credit Agreement, initially established on October 23, 2017. This amendment extends the maturity date of the existing asset-based lending facility to the earlier of August 1, 2030, or 91 days prior to the maturity of any material indebtedness. The agreement, which involves Bank of America as the administrative and collateral agent, does not introduce any other substantial changes to the terms of the existing facility. This development is part of Torrid's strategic financial management efforts to optimize its credit arrangements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Torrid Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001792781-25-000026), on August 04, 2025, and is solely responsible for the information contained therein.
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