NEW YORK--(BUSINESS WIRE)--Barnes & Noble, Inc. (NYSE: BKS) today announced that it has entered into an amendment to extend its existing $750 million credit facility through July 2023.

“We appreciate the strong level of support we received from our lending partners,” said Allen Lindstrom, Chief Financial Officer of Barnes & Noble, Inc. “Extending our credit facility provides us continued flexibility to support the seasonality of our business and execute on our strategic initiatives.”

For further details, please see the company’s Current Report on Form 8-K being filed today with the SEC.

The transaction was led by Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, National Association, and SunTrust Robinson Humphrey, Inc. as Joint Lead Arrangers and Joint Book Runners, and was supported by several other financial institutions. Bank of America, N.A. will serve as Administrative Agent for the facility.

About Barnes & Noble, Inc.
Barnes & Noble, Inc. (NYSE: BKS) is the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products. The Company operates 630 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, BN.com (www.bn.com). The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store (www.nook.com) features digital books, periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

General information on Barnes & Noble, Inc. can be obtained by visiting the Company's corporate website at www.barnesandnobleinc.com.