Belk closes $1.275B credit deal with Wells Fargo and Pathlight

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Go back to Belk closes $1.275B credit deal with Wells Fargo and Pathlight

Belk Secures $1.275 Billion in New Financing from Wells Fargo and Pathlight Capital

October 20, 2026 8:01 AM EDT

New asset-based revolving credit and FILO facilities enhance financial flexibility and support Belk's continued investment in its customers, stores and omnichannel platform

CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ -- Belk, Inc. ("Belk" or the "Company"), a leading regional department store serving communities across the Southeastern United States, today announced the closing of $1.275 billion in new senior secured credit facilities with Wells Fargo Bank,... More