J.Jill, Inc. Completes Refinancing of ABL Credit Facility

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May 11, 2023

J.Jill, Inc. (NYSE:JILL, Financial) (“J.Jill” or the “Company”) today announced that it has successfully completed the refinancing of its Asset-Based Revolving Credit Facility (ABL), which was previously set to expire in May 2024. The new facility comes in the form of the sixth amendment to the ABL Credit Agreement with CIT, a division of First Citizens Bank, as the administrative and collateral agent. The facility is comprised of a $40 million revolving credit facility maturing in May 2028.