Capri Holdings amends credit agreement, cuts revolving facility to USD 1 billion, extends maturity to 2031

Jpmorgan Chase
Capri Holdings Limited

Jpmorgan Chase

JPM

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Capri Holdings Limited

CPRI

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  • Capri entered Amendment No. 1 to its credit agreement with JPMorgan Chase as administrative agent on June 24, 2026.
  • Revolving credit facility commitments cut to USD 1 billion from USD 1.5 billion.
  • Maturity extended to June 24, 2031 through replacement revolving credit commitments, branded the 2026 Revolving Credit Facility.
  • Facility secured by liens on substantially all assets of the company and its U.S. subsidiaries that are borrowers or guarantors, excluding real property.
  • Net leverage covenant kept at 4.0x, with a temporary step-up to 4.5x for four quarters after a material acquisition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capri Holdings Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-26-001871), on June 25, 2026, and is solely responsible for the information contained therein.

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