Kohl’s Extends Revolving Credit Facility, Enhances Liquidity
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Kohl’s ( (KSS) ) has issued an announcement.
On June 30, 2026, Kohl’s Corporation entered into a second amendment to its revolving credit facility with Wells Fargo Bank and other lenders, extending the facility’s maturity date by five years to June 30, 2031 and adjusting pricing terms for Base Rate and SOFR loans. The amendment also broadens the borrowing base to include eligible in-transit inventory up to 15% of total borrowing base value, revises the availability definition by deducting a debt maturity reserve, and makes other minor changes, refining Kohl’s liquidity structure and potentially enhancing its operational financing flexibility.
The updated pricing grid replaces prior availability breakpoints with a single 50% threshold, sets new applicable margins between 0.25% and 0.50% for Base Rate loans and 1.25% to 1.50% for SOFR loans, and removes a previous 0.10% SOFR credit spread adjustment, which may influence Kohl’s overall borrowing costs. Many of the participating banks, or their affiliates, have historically provided and may continue to provide various financial and commercial services to Kohl’s, reflecting ongoing relationships that support the retailer’s capital markets access and banking needs.
The most recent analyst rating on (KSS) stock is a Sell
with a $15.00 price target.
To see the full list of analyst forecasts on Kohl’s stock,
see the KSS Stock Forecast page.
Spark’s Take on KSS Stock
According to Spark, TipRanks’ AI Analyst, KSS is a Neutral.
The score reflects solid cash-flow strength and an attractive valuation as key positives, tempered by steep revenue contraction and elevated leverage. Technically, the stock is in an uptrend but looks overextended, while the latest earnings call reinforces a cautiously improving operational trajectory amid persistent sales and margin pressure.
To see Spark’s full report on KSS stock,
click here.
More about Kohl’s
Kohl’s Corporation is a U.S.-based department store retailer that operates a nationwide chain offering apparel, footwear, home goods, and related consumer products. The company focuses on value-oriented customers in the midmarket segment and relies on revolving credit facilities and other financing arrangements to support inventory, working capital needs, and ongoing operations.
Average Trading Volume: 5,185,268
Technical Sentiment Signal: Hold
Current Market Cap: $2.01B
For an in-depth examination of KSS stock, go to TipRanks’ Overview page.
