Huntington Business Credit acting as Administrative Agent, Joint Bookrunner and Joint Lead Arranger closed a new $550,000,000 credit facility with Designer Brands Inc. on March 30, 2022. Proceeds of the facility were used to refinance existing debt and to provide ongoing working capital growth financing.
               
Designer Brands Inc., headquartered in Columbus, Ohio, is a leading North American footwear and accessories designer, producer and retailer for women, men, and children. Designer Brands Inc. operates Designer Shoe Warehouse (DSW) and The Shoe Company retail locations, the Camuto Group, and the related e-commerce platforms.  
                      
Huntington Business Credit provides working capital and term loan facilities to corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.