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By
Reuters
Published
Mar 24, 2009
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Foot Locker secures $200 mln revolving loan

By
Reuters
Published
Mar 24, 2009

LOS ANGELES, MARCH 24 (REUTERS) - Athletic shoe and apparel seller Foot Locker Inc (FL.N) said on Tuesday march 24it secured a $200 million, four-year revolving credit facility from a group of lenders.



The company said in a regulatory filing that it may make up to four requests for additional credit commitments in an aggregate amount not to exceed $100 million.

The credit facility may be used for the issuance of letters of credit, to finance the acquisition of working capital assets in the ordinary course of business and capital expenditures, and for general corporate purposes. (Reporting by Lisa Baertlein; editing by Carol Bishopric)

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