EX-10.5 6 0006.txt THIRD AMENDED AND RESTATED CREDIT AGREEMENT Dated as of July 24 , 2000 FEDERATED DEPARTMENT STORES, INC., a Delaware corporation (the "Borrower"), the banks, financial institutions and other institutional lenders (collectively, the "Initial Lenders") party hereto, CITIBANK, N.A., as an administrative agent (together with any successor thereto appointed pursuant to Article VII of the Existing Credit Agreement referred to below, in such capacity, an "Administrative Agent") for the Lenders (as defined in the Existing Credit Agreement referred to below) and as paying agent (in such capacity, the "Paying Agent") for the Lenders and as joint book manager and joint lead arranger, THE CHASE MANHATTAN BANK, as an administrative agent (together with any successor thereto appointed pursuant to Article VII of the Existing Credit Agreement referred to below, in such capacity, an "Administrative Agent"; the Administrative Agents and the Paying Agent being, collectively, the "Agents") for the Lenders and as joint book manager and joint lead arranger, FLEET NATIONAL BANK, as syndication agent, and BANK OF AMERICA, N.A., as documentation agent, hereby agree as follows: PRELIMINARY STATEMENTS (1) The Borrower is party to a Second Amended and Restated Credit Agreement dated as of July 26, 1999 (as amended, supplemented or otherwise modified from time to time to (but not including) the date of this Amendment and Restatement, the "Existing Credit Agreement") with the banks, financial institutions and other institutional lenders party thereto and Citibank, N.A. and The Chase Manhattan Bank, as Agents for the Lenders and such other lenders. Capitalized terms not otherwise defined in this Amendment and Restatement shall have the same meanings as specified in the Existing Credit Agreement. (2) The parties to this Amendment and Restatement desire to amend the Existing Credit Agreement as set forth herein and to restate the Existing Credit Agreement in its entirety to read as set forth in the Existing Credit Agreement with the following amendments. (3) The Borrower has requested that the Lenders agree to extend credit to it from time to time in an aggregate principal amount of up to $500,000,000 for general corporate purposes of the Borrower and its Subsidiaries not otherwise prohibited under the terms of this Amendment and Restatement. The Lenders have indicated their willingness to agree to extend credit to the Borrower from time to time in such amount on the terms and conditions of this Amendment and Restatement. SECTION 1. Amendments to the Existing Credit Agreement. (a) Section 1.01 of the Existing Credit Agreement is, effective as of July 24, 2000 and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended by deleting the definition of "Revolver Termination Date" set forth therein and replacing it with the following new definition thereof: "Revolver Termination Date" means the earlier of (a) July 23, 2001 (subject to the extension thereof pursuant to Section 2.15) and (b) the date of termination in whole of the Revolving Credit Commitments pursuant to Section 2.04 or 6.01; provided, however, that the Revolver Termination Date of any Lender that is a Non-Consenting Lender to any requested extension pursuant to Section 2.15 shall be the Revolver Termination Date in effect immediately prior to the applicable Extension Date for all purposes of this Agreement and any Notes. (b) Schedule I to the Existing Credit Agreement is, effective as of July 24, 2000 and subject to the satisfaction of the conditions precedent set forth in Section 2, deleted in its entirety and replaced with Schedule I to this Amendment and Restatement. SECTION 2. Conditions of Effectiveness of this Amendment and Restatement. This Amendment and Restatement shall become effective as of the date first above written (the "Amendment Effective Date") when and only if: (a) The Paying Agent shall have received counterparts of this Amendment and Restatement executed by the Borrower, the Agents and all of the Initial Lenders or, as to any of the Initial Lenders, advice satisfactory to the Paying Agent that such Initial Lender has executed this Amendment and Restatement. (b) The Paying Agent shall have received on or before July 24, 2000 the following, each dated such date and (unless otherwise specified below) in form and substance satisfactory to the Paying Agent and in sufficient copies for each Initial Lender: the Revolving Credit Notes payable to the order of each of the Lenders that have requested Revolving Credit Notes prior to July 24, 2000. (c) The representations and warranties contained in Section 4.01 of the Existing Credit Agreement shall be correct on and as of the Amendment Effective Date, before and after giving effect to the Amendment Effective Date, as though made on and as of such date. (d) No event shall have occurred and be continuing, or shall occur as a result of the occurrence of the Amendment Effective Date, that constitutes a Default. SECTION 3. Reference to and Effect on the Existing Credit Agreement and the Notes. (a) On and after the effectiveness of this Amendment and Restatement, each reference in the Existing Credit Agreement to "this Agreement", "hereunder", "hereof" or words of like import referring to the Existing Credit Agreement, and each reference in the Notes to "the Credit Agreement", "thereunder", "thereof" or words of like import referring to the Existing Credit Agreement, shall mean and be a reference to the Existing Credit Agreement, as amended by this Amendment and Restatement. (b) The Existing Credit Agreement and the Notes, as specifically amended by this Amendment and Restatement, are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. (c) Without limiting any of the other provisions of the Existing Credit Agreement, as amended by this Amendment and Restatement, any references in the Existing Credit Agreement to the phrases "on the date hereof", "on the date of this Agreement" or words of similar import shall mean and be a reference to July 28, 1997. SECTION 4. Costs and Expenses. The Borrower agrees to pay on demand all reasonable out-of-pocket costs and expenses of the Agents in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment and Restatement, the Notes and the other documents to be delivered hereunder (including, without limitation, the reasonable and documented fees and expenses of counsel for the Agents with respect hereto and thereto) in accordance with the terms of Section 8.04 of the Existing Credit Agreement. SECTION 5. Execution in Counterparts. This Amendment and Restatement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment and Restatement by telecopier shall be effective as delivery of a manually executed counterpart of this Amendment and Restatement. SECTION 6. Governing Law. This Amendment and Restatement shall be governed by, and construed in accordance with, the laws of the State of New York. IN WITNESS WHEREOF, the parties hereto have caused this Amendment and Restatement to be executed by their respective officers thereunto duly authorized, as of the date first above written. THE BORROWER FEDERATED DEPARTMENT STORES, INC., By /s/ Brian Szames Name: Brian Szames Title: Treasurer THE AGENTS CITIBANK, N.A., as an Administrative Agent and as Paying Agent By /s/ Laura A. Siracuse Name: Laura A. Siracuse Title: Vice President THE CHASE MANHATTAN BANK, as an Administrative Agent By /s/ Barry K. Bergman Name: Barry K. Bergman Title: Vice President FLEET NATIONAL BANK (f/k/a BANKBOSTON, N.A.) as Syndication Agent By /s/ Judith C.E. Kelly Name: Judith C.E. Kelly Title: Director BANK OF AMERICA, N.A. as Documentation Agent By /s/ Bridget A. Garavalia Name: Bridget A. Garavalia Title: Managing Director THE INITIAL LENDERS CITIBANK, N.A. By /s/ Laura A. Siracuse Name: Laura A. Siracuse Title: Vice President THE CHASE MANHATTAN BANK By /s/ Barry K. Bergman Name: Barry K. Bergman Title: Vice President BANK OF AMERICA, N.A. By /s/ Bridget A. Garavalia Name: Bridget A. Garavalia Title: Managing Director THE BANK OF NEW YORK By /s/ Howard F. Basoom, Jr. Name: Howard F. Basoom, Jr. Title: Vice President CREDIT AGRICOLE INDOSUEZ By /s/ Richard A. Drennan Name: Richard A. Drennan Title: Vice President, Senior Relationship Manager By /s/ Paul A. Dytrych Name: Paul A. Dytrych Title: Vice President, Senior Relationship Manager COMERICA BANK By /s/ Lisa M. Kotual Name: Lisa M. Kotual Title: Corporate Banking Officer CREDIT SUISSE FIRST BOSTON By /s/ Bill O'Daly Name: Bill O'Daly Title: Vice President By /s/ Kristin Lepri Name: Kristin Lepri Title: Associate THE FIFTH THIRD BANK By /s/ Thomas G. Welch, Jr. Name: Thomas G. Welch, Jr. Title: Vice President BANK ONE, NA (f/k/a THE FIRST NATIONAL BANK OF CHICAGO) By /s/ Catherine A. Muszynski Name: Catherine A. Muszynski Title: Vice President FLEET NATIONAL BANK (f/k/a BANKBOSTON, N.A.) By /s/ Judith C.E. Kelly Name: Judith C.E. Kelly Title: Director ALLFIRST BANK By /s/ Carol A. Dalton Name: Carol A. Dalton Title: Senior Vice President MELLON BANK, N.A. By /s/ Richard J. Schaich Name: Richard J. Schaich Title: Vice President MORGAN GUARANTY TRUST COMPANY OF NEW YORK By /s/ Dennis Wilczek Name: Dennis Wilczek Title: Associate PNC BANK, NATIONAL ASSOCIATION By /s/ John L. Noelcke Name: John L. Noelcke Title: Senior Vice President FIRSTAR BANK, N.A. By /s/ Derek S. Roudebush Name: Derek S. Roudebush Title: Vice President SUMITOMO BANK, LIMITED By /s/ Edward D. Henderson Name: Edward D. Henderson , Jr. Title: Senior Vice President FIRST UNION NATIONAL BANK By /s/ Joan Anderson Name: Joan Anderson Title: Vice President UNION BANK OF CALIFORNIA, N.A. By /s/ Timothy P. Streb Name: Timothy P. Streb Title: Vice President WACHOVIA BANK, N.A. By /s/ Bradford L. Watkins Name: Bradford L. Watkins Title: Vice President WELLS FARGO BANK, N.A. By /s/ Melissa F. Nachman Name: Melissa F. Nachman Title: Vice President By /s/ Mary D. Falck Name: Mary D. Falck Title: Senior Vice President SCHEDULE I TO THE AMENDMENT AND RESTATEMENT COMMITMENTS AND APPLICABLE LENDING OFFICES Name of Initial Revolving Domestic Lending Eurodollar Lending Lender Credit Office Office Commitment Citibank, N.A. $55,000,000 Credit: Credit: 399 Park Avenue, 399 Park Avenue, 5th Floor 5th Floor New York, NY 10043 New York, NY 10043 Attn: Robert Snell Attn: Robert Snell Phone: (212)559-3215 Phone: (212)559-3215 Fax: (212) 793-7585 Fax: (212) 793-7585 Administrative: Administrative: 2 Penns Plaza 2 Penns Plaza Suite 200 Suite 200 New Castle, DE 19720 New Castle, DE 19720 Attn:Leonard Sarcona Attn:Leonard Sarcona Phone: (718)248-4536 Phone: (718)248-4536 Fax: (718) 248-4844 Fax: (718) 248-4844 The Chase Manhattan $55,000,000 Credit: Credit: Bank, N.A. 270 Park Avenue, 270 Park Avenue, 48th Fl. 48th Fl. New York, NY 10017 New York, NY 10017 Attn: Barry Bergman Attn: Barry Bergman Phone: (212)270-0203 Phone: (212)270-0203 Fax: (212) 270-5646 Fax: (212) 270-5646 Administrative: Administrative: 1 Chase Manhattan 1 Chase Manhattan Plaza Plaza 8th Floor 8th Floor New York, NY 10081 New York, NY 10081 Attn: Amy Labinger Attn: Amy Labinger Phone: (212)552-4025 Phone: (212)552-4025 Fax: (212) 552-7500 Fax: (212) 552-7500 Bank of America, N.A. $50,500,000 Credit: Credit: 231 South LaSalle 231 South LaSalle Street Street Chicago, IL 60697 Chicago, IL 60697 Attn: Bridget Attn: Bridget Garavalia Garavalia Phone: (312)828-1259 Phone: (312)828-1259 Fax: (312) 828-6269 Fax: (312) 828-6269 Administrative: Administrative: 1850 Gateway Blvd. 1850 Gateway Blvd. Concord, CA 94520- Concord, CA 94520- 3282 3282 Attn: G.K. Lapitan Attn: G.K. Lapitan Phone: (925)675-8205 Phone: (925)675-8205 Fax: (925) 969-2852 Fax: (925) 969-2852 The Bank of New York $24,000,000 Credit: Credit: One Wall Street, One Wall Street, 8th Floor 8th Floor New York, NY 10286 New York, NY 10286 Attn: Clarence Attn: Clarence Burleigh Burleigh Phone: (212)635-7867 Phone: (212)635-7867 Fax: (212) 635-1483 Fax: (212) 635-1483 Administrative: Administrative: One Wall Street, One Wall Street, 8th Floor 8th Floor New York, NY 10286 New York, NY 10286 Attn: Susan Baratta Attn: Susan Baratta Phone: (212)635-6761 Phone: (212)635-6761 Fax: (212) 635-6397 Fax: (212) 635-6397 Credit Suisse First $24,000,000 Credit: Credit: Boston 11 Madison Ave., 11 Madison Ave., 19th Fl. 19th Fl. New York, NY 10010 New York, NY 10010 Attn: Chris Hogan Attn: Chris Hogan Phone: (212)325-9157 Phone: (212)325-9157 Fax: (212) 325-8309 Fax: (212) 325-8309 Administrative: Administrative: 11 Madison Ave. 11 Madison Ave. New York, NY 10010 New York, NY 10010 Attn: Gina Attn: Gina Manginello Manginello Phone: (212)325-9149 Phone: (212)325-9149 Fax: (212) 325-8319 Fax: (212) 325-8319 Fleet National Bank $66,000,000 Credit: Credit: 100 Federal Street 100 Federal Street MA DE 100 09E MA DE 100 09E Boston, MA 02110 Boston, MA 02110 Attn: Judy Kelly Attn: Judy Kelly Phone: (617) 434-5280 Phone: (617) 434-5280 Fax: (617) 434-6685 Fax: (617) 434-6685 Administrative: Administrative: One Federal Street One Federal Street MA De 10307L MA DE 10307L Boston, MA 02110 Boston, MA 02110 Attn: Dwayne Nelson Attn: Dwayne Nelson Phone: (617) 346- Phone: (617) 346- 4223 4223 Fax: (617) 346-0595 Fax: (617) 346-0595 PNC Bank, $24,000,000 Credit: Credit: National Association 201 East 5th Street 201 East 5th Street Cincinnati, OH 45202 Cincinnati, OH 45202 Attn: Joe Richardson Attn: Joe Richardson Phone: (513)651-8688 Phone: (513)651-8688 Fax: (513) 651-8951 Fax: (513) 651-8951 Administrative: Administrative: 201 E. 5th Street 201 E. 5th Street Cincinnati, OH 45202 Cincinnati, OH 45202 Attn: Sandy Wilson Attn: Sandy Wilson Phone: (513)651-8984 Phone:(513) 651-8984 Fax: (513) 651- 8951 Fax: (513) 651-8951 Sumitomo Bank, Limited $20,000,000 Credit: Credit: U.S. Corporate Dept. U.S. Corporate Dept. 277 Park Avenue, 277 Park Avenue, 6th Floor 6th Floor New York, NY 10172 New York, NY 10172 Attn: Rohn Attn: Rohn Laudenschlager Laudenschlager Phone: (212)224-4226 Phone: (212)224-4226 Fax (212) 418-4384 Fax (212) 418-4384 Administrative: Administrative: International International Finance Dept. Finance Dept. 277 Park Avenue, 277 Park Avenue, 6th Floor 6th Floor New York, NY 10172 New York, NY 10172 Attn: Ivelesse Mena- Attn: Ivelesse Mena- Garcia Garcia Phone: (212)224-4150 Phone: (212)224-4150 Fax (212) 224-5197 Fax (212) 224-5197 Union Bank of $15,000,000 Credit: Credit: California, N.A. 350 California St., 350 California St., 11th Fl. 11th Fl. San Francisco, CA San Francisco, CA 94104 94104 Attn: Timothy P. Attn: Timothy P. Streb, VP Streb, VP Phone: (415)705-7021 Phone: (415)705-7021 Fax: (415) 705-7085 Fax: (415) 705-7085 Administrative: Administrative: 350 California St., 350 California St., 11th Fl. 11th Fl. San Francisco, CA San Francisco, CA 94104 94104 Attn: Richard A. Attn: Richard A. Sutter, VP Sutter, VP Phone: (415)705-7090 Phone: (415)705-7090 Fax: (415) 705-7085 Fax: (415) 705-7085 Mellon Bank, N.A. $19,000,000 Credit: Credit: One Mellon Bank One Mellon Bank Center, Center, Room 370 Room 370 Pittsburgh, PA Pittsburgh, PA 15258-0001 15258-0001 Attn: Rick Schaich Attn: Rick Schaich Phone: (412)234-4420 Phone: (412)234-4420 Fax: (412) 236-1914 Fax: (412) 236-1914 Administrative: Administrative: Three Mellon Bank Three Mellon Bank Center, Center, Room 2305 Room 2305 Pittsburgh, PA Pittsburgh, PA 15259-0003 15259-0003 Attn: Greg Klino Attn: Greg Klino Phone: (412)234-1867 Phone: (412)234-1867 Fax: (412) 234-5049 Fax: (412) 234-5049 Credit Agricole $12,500,000 Credit: Credit: Indosuez 55 E. Monroe Street 55 E. Monroe Street Suite 4700 Suite 4700 Chicago, IL 60603 Chicago, IL 60603 Attn: Ray Falkenberg Attn: Ray Falkenberg Phone: (312)917-7426 Phone: (312)917-7426 Fax: (312) 372-3724 Fax: (312) 372-3724 Administrative: Administrative: 55 E. Monroe Street 55 E. Monroe Street Suite 4700 Suite 4700 Chicago, IL 60603 Chicago, IL 60603 Attn: James Barrett Attn: James Barrett Phone: (312)917-7429 Phone: (312)917-7429 Fax: (312) 372-4421 Fax: (312) 372-4421 Bank One, NA $21,250,000 Credit: Credit: (f/k/a The First One First National One First National National Bank of Plaza Plaza Chicago) Chicago, IL 60670 Chicago, IL 60670 Attn: Diane Stark Attn: Diane Stark Phone: (312)732-8251 Phone: (312)732-8251 Fax: (312) 336-4380 Fax: (312) 336-4380 Administrative: Administrative: One First National One First National Plaza Plaza Chicago, IL 60670 Chicago, IL 60670 Attn: Karen Hannusch Attn: Karen Hannusch Phone: (312)732-9868 Phone: (312)732-9868 Fax: (312) 732-2715 Fax: (312) 732-2715 Morgan Guaranty Trust $15,000,000 Credit: Credit: Company of New York 60 Wall Street 60 Wall Street New York, NY 10260- New York, NY 10260- 0060 0060 Attn: Deborah Attn: Deborah Boodheim Boodheim Phone: (212)648-8063 Phone: (212)648-8063 Fax: (212) 648-5018 Fax: (212) 648-5018 Administrative: Administrative: 500 Stanton 500 Stanton Christiana Ctr. Christiana Ctr. Newark, DE 19713- Newark, DE 19713- 2107 2107 Attn: Vickie Fedele Attn: Vickie Fedele Phone: (302)634-4225 Phone: (302)634-4225 Fax: (302) 634-1852 Fax: (302) 634-1852 Wachovia Bank, N.A. $10,000,000 Credit: Credit: 191 Peachtree Street, 191 Peachtree Street, N.E. N.E. 28th Floor, GA-370 28th Floor, GA-370 Atlanta, GA 30303 Atlanta, GA 30303 Attn: Brad Watkins Attn: Brad Watkins Phone: (404)332-1093 Phone: (404)332-1093 Fax: (404) 332-6898 Fax: (404) 332-6898 Administrative: Administrative: 191 Peachtree Street, 191 Peachtree Street, N.E. N.E. 28th Floor, GA-370 28th Floor, GA-370 Atlanta, GA 30303 Atlanta, GA 30303 Attn: Christy N. Attn: Christy N. Howard Howard Phone: (404)332-6261 Phone: (404)332-6261 Fax: (404) 332-6898 Fax: (404) 332-6898 Comerica Bank $7,500,000 Credit: Credit: 500 Woodward Ave. 500 Woodward Ave. MC 3268 MC 3268 Detroit, MI 48226 Detroit, MI 48226 Attn: Hugh Porter Attn: Hugh Porter Phone (313)222-6192 Phone (313)222-6192 Fax: (312) 222-9514 Fax: (312) 222-9514 Administrative: Administrative: 500 Woodward Ave. 500 Woodward Ave. MC 3268 MC 3268 Detroit, MI 48226 Detroit, MI 48226 Attn: Beverly Jones Attn: Beverly Jones Phone (313)222-3805 Phone (313)222-3805 Fax: (312) 222-3351 Fax: (312) 222-3351 The Fifth-Third Bank $6,250,000 Credit: Credit: 38 Fountain Square 38 Fountain Square Plaza Plaza Cincinnati, OH 45263 Cincinnati, OH 45263 Attn: Andy Hauck Attn: Andy Hauck Phone: (513)579-4178 Phone: (513)579-4178 Fax: (513) 579-5226 Fax: (513) 579-5226 Administrative: Administrative: 38 Fountain Square 38 Fountain Square Plaza Plaza Cincinnati, OH 45263 Cincinnati, OH 45263 Attn: Daniel Mullen Attn: Daniel Mullen Phone: (513)579-4104 Phone: (513)579-4104 Fax: (513) 579-4226 Fax: (513) 579-4226 Allfirst Bank $7,500,000 Credit: Credit: 25 S. Charles Street 25 S. Charles Street Baltimore, MD 21201 Baltimore, MD 21201 Attn: John Serocca Attn:Sean Fitzgerald Phone: (410)244-4852 Phone: (410)244-4575 Fax: (410) 545-2047 Fax: (410) 545-2079 Administrative: Administrative: 25 S. Charles Street 25 S. Charles Street Baltimore, MD 21201 Baltimore, MD 21201 Attn: John Serocca Attn:Sean Fitzgerald Phone: (410)244-4852 Phone: (410)244-4575 Fax: (410) 545-2047 Fax: (410) 545-2079 Firstar Bank, N.A. $17,500,000 Credit: Credit: 425 Walnut Street, 425 Walnut Street, ML: 8160 ML: 8160 Cincinnati, OH 45202 Cincinnati, OH 45202 Attn:Derek Roudebush Attn:Derek Roudebush Phone: (513)632-4010 Phone: (513)632-4010 Fax: (513) 762-2068 Fax: (513) 762-2068 Administrative: Administrative: 425 Walnut Street 425 Walnut Street Cincinnati, OH 45202 Cincinnati, OH 45202 Attn: Patty Gambert Attn: Patty Gambert Phone: (513)632-4034 Phone: (513)632-4034 Fax: (513) 632-3099 Fax: (513) 632-3099 First Union National $25,000,000 Credit: Credit: Bank Widener Building, Widener Building, 12th Floor 12th Floor One South Penn Square One South PennSquare Philadelphia, PA Philadelphia, PA 19107 19107 Attn: Joan Anderson Attn: Joan Anderson Phone: (215)973-8376 Phone: (215)973-8376 Fax: (215) 786 2877 Fax: (215) 786 2877 Administrative: Administrative: Widener Building, Widener Building, 10th Floor 10th Floor One South Penn Square One South PennSquare Philadelphia, PA Philadelphia, PA 19107 19107 Attn: Lisa Johnson- Attn: Lisa Johnson- Keyes Keyes Phone: (215)786-4363 Phone: (215)786-4363 Fax: (215) 973-7185 Fax: (215) 973-7185 Wells Fargo Bank, N.A. $25,000,000 Credit: Credit: 230 W. Monroe St. 230 W. Monroe St. Suite 2900 Suite 2900 Chicago, IL 60606 Chicago, IL 60606 Attn: Suzanne Morys, Attn: Suzanne Morys, V.P. V.P. Phone: 312-845-8605 Phone: 312-845-8605 Fax: 312-553-4783 Fax: 312-553-4378 Administrative: Administrative: 707 Wilshire Blvd. 707 Wilshire Blvd. MAC 2818-165 MAC 2818-165 Los Angeles,CA 90017 Los Angeles,CA 90017 Attn: Matt Frey Attn: Matt Frey Phone: 213-614-5038 Phone: 213-614-5038 Fax: 213-623-5674 Fax: 213-623-5674 ___________ TOTAL OF COMMITMENTS: $500,000,000