Cleary Gottlieb represented Family Dollar Stores, Inc. in concluding a $600 million Amended and Restated 5-Year Credit Agreement and a $300 million Amended and Restated 4-Year Credit Agreement with a syndicate of banks led by Wells Fargo Bank, National Association. This increases the aggregate amount available to the Company under its credit agreements from $700 million to $900 million. The agreements were signed on November 13.
Family Dollar is a Charlotte-based discount retailer that operates more than 7,900 general merchandise retail discount stores in 46 states. It is also a Fortune 300 company traded on the New York Stock Exchange under the symbol FDO.
