Conn’s completes expansion of credit facility

Beaumont, Texas -- Conn’s announced that it completed a $20 million expansion, to $450 million, of its revolving credit facility, which expires in July 2015. The company received a commitment from one new lender and received an increased commitment from one of the existing participants in the bank group.

“We appreciate the additional support coming from our financial partners,” commented Theodore Wright, chairman, Conn’s. “This expansion of our revolving credit facility provides additional support for our long-term growth plans.”

Login or Register to post a comment.