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Capri Holdings ( (CPRI) ) has shared an update.
On February 4, 2025, Capri Holdings Limited finalized an amended and restated credit agreement, establishing a $2.2 billion senior secured credit facility with JPMorgan Chase Bank among others. The facility includes a $700 million term loan and a $1.5 billion revolving credit line, maturing in July 2027, and aims to support the company’s operations through repaying existing debts and financing general corporate needs. This strategic financial restructuring enhances Capri Holdings’ liquidity and financial flexibility, potentially strengthening its position in the market.
More about Capri Holdings
YTD Price Performance: 16.21%
Average Trading Volume: 3,884,008
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.82B
For detailed information about CPRI stock, go to TipRanks’ Stock Analysis page.