trending Market Intelligence /marketintelligence/en/news-insights/trending/aevxn5tCkEaMWNe6G4GV8g2 content esgSubNav
In This List

Dollar Tree prepays $500M of its outstanding term A-1 loan

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Dollar Tree prepays $500M of its outstanding term A-1 loan

Discount variety store chain Dollar Tree Inc. said Aug. 2 in a regulatory filing that it prepaid $500 million of its outstanding term A-1 loan worth $2.2 billion.

The company also accelerated about $1.2 million of amortizable, noncash, deferred financing costs linked to the term A-1 loan to the second quarter ended July 29.

Dollar Tree added that it may make further prepayments on its outstanding debt from time to time in the future, based on available cash balances, free cash flow generation and projected cash needs, among other factors.