Big Lots, Inc. (BIG)
Pre-Market:
- PR Newswire
Big Lots Boosts Liquidity, Adds Borrowing Capacity with New Term Loan Facility
Big Lots, Inc. (NYSE: BIG), America's Discount Home Store, announced today it has increased its borrowing capacity by up to $200 million with a new "first in, last out" term loan facility (the "FILO Term Loan Facility") through 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Capital. The FILO Term Loan Facility significantly enhances the Company's liquidity position and is incremental to the borrowing capacity within the Company's current $900 million asset-based revolving loan facility (
- Zacks
Big Lots (BIG) Leverages Asian Buying Offices to Boost Sourcing
Big Lots' (BIG) launch of Asia-based buying offices represents a strategic leap forward in its quest to offer customers unparalleled value and variety.
- PR Newswire
Big Lots Bolsters Global Product Sourcing with Launch of Asia-based Buying Offices
Big Lots (NYSE: BIG) America's Discount Home Store announced today that it has opened international buying offices strategically located in Shanghai, China and Ho Chi Minh City, Vietnam to enhance the company's competitiveness in sourcing products, including closeout deals and extreme bargains.
