Five Below Amends Credit Agreement, Doubling Revolving Credit Facility to $450M

Five Below, Inc. has entered into an amendment to its senior secured asset-based revolving credit facility, doubling the facility's size to $450 million and extending its maturity date. This move significantly increases the company's available liquidity.

Key Details

• Revolving Credit Facility: Increased from $225 million to $450 million.
• Maturity Date: Extended by more than four years, from September 16, 2027, to October 14, 2031.
• Letter of Credit Subline: The sublimit for letters of credit was also increased from $20 million to $50 million.
• Agreement: The amendment was executed on October 14, 2026, with Wells Fargo Bank, National Association, serving as the agent for the lenders.