WFC · News · 20261020N

Credit Facility Expansion Mandate

WELLS FARGO & COMPANY/MN · 2026-10-20 · Importance 40 · Surprise 42

Wells Fargo and Pathlight Capital provided Belk with $1.275 billion of new senior secured credit facilities. The package includes a $900 million asset-based revolving credit facility and a $375 million first-in, last-out term loan. Wells Fargo serves as administrative and collateral agent, supporting Belk’s investment in its customers, stores, and omnichannel platform across the Southeastern United States.