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Big Lots Secures $200 Million Term Loan Facility
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Big Lots Secures $200 Million Term Loan Facility
Apr 18, 2024 3:34 PM

06:01 PM EDT, 04/18/2024 (MT Newswires) -- Big Lots ( BIG ) said Thursday it has secured a $200 million new "first in, last out" term loan facility from an affiliate of Gordon Brothers Capital.

The company said the facility provides it with additional borrowing capacity on top of its current $900 million asset-based revolving loan facility.

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