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An update from Guess?, Inc. (GES) is now available.
Guess Europe Sagl, a subsidiary of Guess?, Inc., has increased its revolving credit facility from EUR 250 million to EUR 350 million with the assistance of UBS and Credit Suisse. This expansion comes with an adjusted interest rate based on EURIBOR plus a margin, and includes sustainability performance targets that can further influence the interest margin. This strategic move aims to strengthen the company’s borrowing capacity and underscores its commitment to financial growth and sustainability.
For detailed information about GES stock, go to TipRanks’ Stock Analysis page.