Oxford Industries amends loan, removing minimum availability requirement

By Sara Rosenberg

New York, Sept. 26 - Oxford Industries Inc. amended its credit facility, eliminating the requirement it maintain availability of at least 15% of the total amount of the facility after giving effect to some restricted payments, according to an 8-K filed with the Securities and Exchange Commission Monday.

The amendment was completed on Sept. 21.

SunTrust Bank Inc. is the administrative agent on the deal.

Oxford Industries is an Atlanta-based producer and marketer of branded and private label apparel.

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