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Utz makes leadership changes as company grows - Central Penn Business Journal


Utz makes leadership changes as company grows
July 28, 2021
3:44 pm
Utz Brands Inc. announced changes to its executive management team to better position the Hanover-based U.S. snack manufacturer as it continues to grow, the company said.
All go into effect Oct. 4.
Cary Devore was appointed executive vice president and chief operating officer, a newly created position. Currently chief financial officer, he joined Utz in 2016.
Ajay Kataria, .
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Utz Brands, Inc. (UTZ) Q1 2021 Earnings Call Transcript


Operator
Good day and thank you for standing by. Welcome to the Utz Brands first-quarter 2021 earnings conference call. [Operator instructions] Please be advised that today s conference is being recorded. [Operator instructions] I would now like to hand the conference over to your speaker today, Kevin Powers, head of investor relations.
Thank you. Please go ahead.
Kevin Powers
Head of Investor Relations
Good morning and thank you for joining us today. On the call today are Dylan Lissette, chief executive officer; and Cary Devore, chief financial officer. During this call, management may make forward-looking statements within the meaning of the federal securities laws. These statements are based on management s current expectations and involve risks and uncertainties that could differ materially from actual events and those described in these forward-looking statements. ....

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Utz Brands Announces Closing of Term Loan Refinancing


Press release content from Business Wire. The AP news staff was not involved in its creation.
Utz Brands Announces Closing of Term Loan Refinancing
January 20, 2021 GMT
HANOVER, Pa. (BUSINESS WIRE) Jan 20, 2021
Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), announced today the closing of its term loan refinancing. Initially contemplated as a $310 million add-on to the existing Term Loan B due 2024, following robust investor demand, Utz placed a new $720 million Term Loan B due 2028 (the “New Term Loan”), enabling the Company to extend its maturity profile and reset certain terms of its credit agreement. The New Term Loan, together with approximately $181 million in cash proceeds received from the redemption of all outstanding public warrants and forward purchase warrants, repaid in full the $490 million Bridge Credit Facility used to fund the acquisition of Truco Enterprises and the On The Border® brand, as well as refinanced the pre-existing ....

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