the childrens place shares were up 13 to 1750 after the company said it expanded its revolving credit facility to 445 million from 350 million the stock hit its 52week low of 1427 on june 1 and is down 62 in the past 12 months the childrens clothing company said the fifth amendment to its credit agreement also replaces libor as the interest rate benchmark with the sofr interest rate benchmark and updates the interest rates to reflect current market terms under the amended credit agreement revolving credit borrowings will bear interest at sofr plus 200 or 225 per annum based on the amount of the companys average daily excess availability as a sofr loan the term loan under the amended credit agreement will bear interest at sofr plus 275 per annum