On January 7, 2011, Brown Shoe Company, Inc. and certain of its subsidiaries, including Brown Shoe Company of Canada Ltd., (“Brown Shoe”) entered into a third amendment and restatement of its senior secured asset-based revolving credit facility in the principal amount of US$380 million.
On February 17, 2011, the credit facility was increased to US$530 million in connection with Brown Shoe's acquisition of American Sporting Goods Corporation. The facilities were agented by Bank of America, N.A.
Brown Shoe is a $2.5 billion global footwear company.
Terry Peterman of McMillan LLP represented Brown Shoe in Canada. Bryan Cave LLP represented Brown Shoe in the United States with a team consisting of Jeffrey Chavkin, Morgan Bassett and Gretchen von Dwingelo.
Ogilvy Renault LLP represented Bank of America, N.A. in Canada with a team consisting of Kevin Morley and David Amato. Riemer & Braunstein LLP represented Bank of America, N.A. in the United States with a team consisting of David Berman, Marjorie Crider and Jaime Koff.