Williams-Sonoma entered into a Ninth Amended and Restated Credit Agreement on June 26, 2025 with Bank of America, N.A. as administrative agent. The agreement amended and restated the Eighth Amended and Restated Credit Agreement dated September 30, 2021.

1. 01

   Williams-Sonoma entered into a Ninth Amended and Restated Credit Agreement on June 26, 2025 with Bank of America, N.A. as administrative agent. The agreement amended and restated the Eighth Amended and Restated Credit Agreement dated September 30, 2021.

2. 02

   The company said it extended the maturity of its unsecured revolving loan facility to June 26, 2030 and increased total revolving commitments from $500,000,000 to $600,000,000. As of June 26, 2025, it had no revolving loans outstanding.

3. 03

   The company increased the alternative currency sublimit and the letter of credit sublimit from $75,000,000 to $100,000,000 each, and the swingline sublimit from $40,000,000 to $50,000,000. Under the agreement, the margin on Term SOFR-based rates ranges from 0.910% to 1.550% depending on the leverage ratio, and facility fees range from 0.090% to 0.200%.

4. 04

   The company said the credit agreement carries a maximum leverage ratio covenant of 3.50 to 1.0, and that an event of default could raise the applicable interest rate by 2% and could result in acceleration of its obligations.

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