debt
confidence high
sentiment neutral
materiality 0.50
Helen of Troy obtains $250M term loan, amends credit agreement
HELEN OF TROY LTD
- $250M incremental term loan established under fourth amendment dated June 28, 2022.
- LIBOR replaced with Term SOFR; existing Eurodollar Rate Loans converted after amendment effective date.
- Curlsmith Acquisition (Recipe Products Ltd., April 25, 2022) designated as Qualified Acquisition.
- Amendment waives certain delivery requirements; new Term Loan Notes executed by borrower.
- Existing credit agreement amended in its entirety; original 8-K corrected to include complete exhibit.