Sears Holdings is altering the size and maturity date of its $2.44 billion domestic revolving credit facility. As a part of the amendment, the U.S. retail conglomerate is increasing the borrowing capacity of the facility to $3.275 billion from $2.441 billion. Sear is also extending the maturity date of the loan from June, 12, 2012 to April 7, 2016. BofA Merrill Lynch, Wells Fargo Capital Finance and GE Capital Markets were the joint lead arrangers and book runners for the transaction.
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