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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
PNC Bank Closes $900MM Credit Facility for Big Lots
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Lenders/Participants
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PNC Bank [Administrative Agent]
PNC Capital Markets [Joint Lead Arranger, Joint Bookrunner]
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Structure
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Senior Secured Credit Facility
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Amount
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$900.000
Million
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Borrower(s)
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Big Lots, Inc.
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Description
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The credit facility replaces Big Lots’ cash flow facility and will be used to provide funds for general corporate purposes and working capital needs. In addition to closing the credit facility, PNC also provides Big Lots with a suite of other bank products and services, including its industry leading treasury management services.
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Industry
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Retail
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| Related Tags |
PNC Bank, PNC Business Credit
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ABL Advisor
Deal Tables
2025
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