BJ's Wholesale Stock Surges 1.23% on Credit Deal!

Bj'S Wholesale Club Holdings, Inc. rose 1.23% in premarket trading, with the company entering into a Fifth Amended Credit Agreement with Bank of America, N.A. This agreement extends the maturity date, obtains a swingline subfacility, modifies the interest rate, and revises certain loan covenants. The Line of Credit remains in the original principal amount of up to $215,000,000 and may be increased up to $315,000,000 at the Company’s request.