Lulu’s Fashion Lounge amends White Oak revolver to accelerate inventory-based borrowing availability

Reuters2026/07/31 12:02

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Lulu’s Fashion Lounge entered a second amendment to its loan and security agreement with White Oak Commercial Finance as administrative agent.
Change accelerates the start of the revolver borrowing-base “increased inventory” formula period to July 21, 2026 from Aug. 14, 2026.
Post-period usage capped at once before June 30, 2027, rising to twice after June 30, 2027 through the revolver’s third anniversary.
During the July 2026 period only, excess availability threshold for increased reporting drops to $4 million from $5 million.
Borrowers paid a $10,000 amendment fee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lulu's Fashion Lounge Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-088998), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lulu’s Fashion Lounge amends White Oak revolver to accelerate inventory-based borrowing availability

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