ROCKY HILL, Conn. -- Ames Department Stores Inc. said that the U.S. Bankruptcy Court for the Southern District of New York has approved a one-year extension of its $200 million debtor-in-possession financing, to Oct. 30, 1993.

The revolving credit facility will be provided by a syndicate of institutions led by Chemical Bank, as was the $250 million line that expires Oct. 24, the company said.

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