Dillards,Inc. (NYSE:DDS) Files An 8-K Entry into a Material Definitive Agreement

ME Staff 8-k

7 years ago

Dillards,Inc. (NYSE:DDS) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement

On August10, 2017, the Company issued a press release announcing it had amended and extended into a new $800 million senior unsecured revolving credit facility (the “facility”).A $200 million expansion option remains in place, and pricing is unchanged. The facility was arranged by JPMorgan Chase Bank, N.A.The facility will mature on August9, 2022.The facility amendment and related press release are furnished as Exhibits 10.1 and 99.1, respectively, to this Current Report on Form8-K, and each of these exhibits is incorporated herein by reference.

Item 2.02 Results of Operations and Financial Condition.

On August10, 2017, the registrant issued a press release announcing results for the 13 and 26 weeks ended July29, 2017. A copy of the press release is furnished as Exhibit99.2 to this current report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

ExhibitNo. Description

10.1 Amendment No.1 to Five-Year Credit Agreement between Dillard’s,Inc., Dillard Store Services,Inc. and JPMorgan Chase Bank, N.A. as agent for a syndicate of lenders.

99.1 Press Release dated August10, 2017, announcing the amended and extended $800 million senior unsecured revolving credit facility.

99.2 Press Release dated August10, 2017, announcing results for the 13 and 26 weeks ended July29, 2017.

DILLARD'S, INC. ExhibitEX-10.1 2 a17-20108_1ex10d1.htm EX-10.1 Exhibit 10.1 Execution version AMENDMENT NO. 1 TO CREDIT AGREEMENT AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT,…To view the full exhibit click here
About Dillard’s,Inc. (NYSE:DDS)
Dillard’s, Inc. is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods. The Company’s segments include the Retail operations segment and the Construction segment. The Retail operations segment includes the operation of the Company’s retail department stores. The Construction segment includes the operations of CDI Contractors, LLC (CDI), a general contracting construction company. CDI’s business includes constructing and remodeling stores for the Company. As of January 28, 2017, the Company operated retail department stores in 29 states, primarily in the southwest, southeast and midwest regions of the United States. Dillard’s,Inc. (NYSE:DDS) Recent Trading Information
Dillard’s,Inc. (NYSE:DDS) closed its last trading session down -3.69 at 58.01 with 2,862,956 shares trading hands.