Woolworth Corp., still feeling aftershocks of an accounting scandal, has had to refinance its $1.5 billion bank loan at higher cost.

Fees were increased across the board for the recently downgraded five- and-dime retailer, reflecting larger underwriting commitments that were needed to get the deal done, bankers said last week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.