Kellwood Company Completes $400 Million Credit Facility

Kellwood Company Completes $400 Million Credit Facility 


ST. LOUIS, Oct. 21  /PRNewswire-FirstCall/ -- Kellwood Company (NYSE:KWD)
announced the completion of a $400 million five-year unsecured credit facility.
 This new facility, along with nearly $263 million of cash as of July 31,
provides the Company with ample liquidity and financial flexibility to meet the
operating, strategic, and corporate development needs of the Company.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20011220/CGTH038LOGO )

Funds borrowed under the new agreement and the $263 million of cash and time
deposits will be used as a source of working capital, for general corporate
purposes and to fund acquisitions.

Banc of America Securities LLC is the sole lead arranger and sole book manager.
 Banks participating in the new credit facility include Bank of America, N.A.,
as administrative agent, JPMorgan Chase Bank, as syndication agent, USBank, The
Bank of Nova Scotia, SunTrust and Wachovia as co- documentation agents.  Bank
of New York, HSBC, Mizuho Corp., Standard Chartered, Union Bank of CA and UMB
St. Louis are co-agents.  First Bank, Israel Discount Bank, Citibank and
National City Bank are also participating in the new facility.

Kellwood Company (NYSE:KWD) is a $2.4 billion marketer of apparel and
recreational camping products. For more about Kellwood, visit the Company's web
site at http://www.kellwood.com/ . 

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DATASOURCE: Kellwood Company



CONTACT: Financial, Roger D. Joseph, VP Treasurer & IR, [phone],

fax, [phone],  , W. Lee Capps III, Executive

VP Finance & CFO, [phone], fax, [phone],  , or

Media, Donna Weaver, VP Corp. Comm., [phone], fax, [phone],

 , all of Kellwood Co.



Web site:  http://www.kellwood.com/ 

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