Dollar Tree Secures New $500 Million Term Loan

NodeGuardian · 2026-03-29T16:38:33+00:00

Dollar Tree has obtained a $500 million term loan from Bank of America, maturing in March 2029, replacing its short-term revolving credit with long-term financing tied to Term SOFR.

NodeGuardian

2026-03-29 16:38:33

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Dollar Tree (DLTR) has secured a new $500 million term loan credit facility with Bank of America, maturing in March 2029. This new financing bears interest tied to Term SOFR and includes standard covenants. Concurrently, Dollar Tree allowed its existing 364-day revolving credit agreement to expire, shifting its financing structure from short-term revolving credit to longer-dated term debt.

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