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Home Guess?, Inc. Announces EUR 100 Million Expansion of Its Existing European Credit Facility

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Guess?, Inc. Announces EUR 100 Million Expansion of Its Existing European Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) today announced the successful expansion of the borrowing capacity under its existing European revolving credit facility from €250 million to €350 million. The facility, maintained through the Company’s wholly-owned Swiss subsidiary, Guess Europe Sagl, has a remaining term of roughly three years. In line with the Company’s focus on sustainability, the interest rate for the facility continues to be subject to an annual adjustment based on th...

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