Retail Industry
Industry: Email Alert RSS FeedGap Inc - Financials - completes 3-year secured $750 million revolving credit facility - Brief Article
DSN Retailing Today, July 7, 2003
Gap Inc. has completed a three-year secured $750 million revolving credit facility and has executive agreements securing $1.2 billion in letter of credit issued capacity. The letter of credit agreements also have three-year terms and will be secured by about $1.2 billion in cash, using a portion of the company's large cash balances.
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