Delia's Secures New Credit

Delia's, Inc. entered into a new, five year, $25 million revolving credit facility with GE Capital, Corporate Retail Finance. The new facility includes a $15 million letter of credit sublimit and an accordion feature that, under certain circumstances, allows for increases in borrowing capacity. The new facility does not include a restricted cash collateral requirement and replaces the Company’s prior $10 million letter of credit agreement with Wells Fargo.