Spectrum Brands closes acquisition of Tristar kitchen appliances and cookware business

Spectrum Brands Holdings, Inc.

Completed acquisition of Tristar Products' kitchen appliances and cookware business.
Borrowed $350 million in incremental revolving loans under Third Amendment to credit agreement.
Proceeds from borrowing may finance working capital, general corporate purposes, and the acquisition.
CEO David Maura expressed confidence in creating a leading global home appliances and personal care company.

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