Burlington Stores Inc.
Burlington Stores, Inc. amends credit agreement to increase facility and extend maturity
Summary
On July 25, 2025, Burlington Coat Factory Warehouse Corporation, a subsidiary of Burlington Stores, Inc., amended its credit agreement to increase the aggregate principal amount from $900 million to $1 billion and extend the maturity date from December 22, 2026, to July 25, 2030.
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About Burlington Stores Inc.
Burlington Stores Inc. is a leading off-price retailer specializing in clothing, footwear, accessories, and home goods. Operating under the brand name Burlington, the company offers a wide array of affordable products, catering to value-conscious consumers. Established in 1972, Burlington has grown to become a significant player in the retail sector, with over 700 stores across the United States. The company's business model focuses on providing high-quality merchandise at substantially discounted prices compared to traditional department stores. This approach allows Burlington to reach diverse demographic groups, including families, young professionals, and individuals seeking trendy yet economical options. Beyond clothing, Burlington’s product range extends into beauty products and home décor, broadening its market appeal. In the financial market, Burlington Stores Inc. is recognized for its consistent growth and operational efficiency, often regarded as a benchmark in the off-price retail segment. By continuously adapting to changing consumer preferences and economic conditions, Burlington remains a prominent entity in the competitive retail landscape.
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