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Fossil Group increases revolver to $1.05 billion from $750 million
By Angela McDaniels
Tacoma, Wash., May 27 - Fossil Group, Inc. increased the size of its revolving credit facility to $1.05 billion from $750 million, according to an 8-K filing with the Securities and Exchange Commission.
The $300 million increase was made on Friday.
Wells Fargo Bank, NA is the administrative agent.
Fossil is a fashion accessories designer and marketer based in Richardson, Texas.
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