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Cup 4 Cup - Food Service P/T Sales - BevNET.com Beverage Industry Job Listing

Cup 4 Cup - Food Service P/T Sales - BevNET.com Beverage Industry Job Listing
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Foraco International Announces Consummation of its Debt Refinancing Leading to a US$ 55.8 Million Reduction of its Debt

Foraco International Announces Consummation of its Debt Refinancing Leading to a US$ 55.8 Million Reduction of its Debt
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Debt Refinancing: The European Market Is Closed, and the Prospects for the Russian Market Are Very Vague

Debt Refinancing: The European Market Is Closed, and the Prospects for the Russian Market Are Very Vague
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Investegate |Staffline Group PLC Announcements | Staffline Group PLC: Completion of Debt Refinancing

Investegate announcements from Staffline Group PLC, Completion of Debt Refinancing ....

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PLBY : Announces Successful Completion of Debt Refinancing (Form 8-K)

New term loan expected to reduce annual debt service by over $13 million
Debt maturity extended to May 2027
LOS ANGELES - May 25, 2021 (GLOBE NEWSWIRE) -PLBY Group, Inc. (NASDAQ: PLBY) ( PLBY Group or the Company ), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, today announced the successful completion of the refinancing of their existing credit facility through a $160 million senior secured term loan maturing in May 2027.
The new term loan will accrue interest at LIBOR plus 5.75%, with a single step-down to LIBOR plus 5.25% upon achieving gross leverage of 3.0x, subject to a LIBOR floor of 0.5%. The debt refinancing is expected to result in an estimated $3 million in annual interest expense savings, reduce amortization by over $3 million annually, and eliminate over $7 million in annual excess cash flow sweep payments. The refinancing also allows the Company ....

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