Helen of Troy amends credit agreements, adjusts leverage covenants and adds $100M receivables financing capacity

HELEN OF TROY LTD

Seventh Amendment to Guaranty Agreement sets max leverage ratio at 4.25x through May 2022, stepping down to 3.50x thereafter.
Permitted Receivables Financing added with capacity up to $100M; interest rate benchmark changed from eurodollar to Term SOFR.
Sixth Supplemental Trust Indenture replaces eurodollar rate with Term SOFR plus margin of 1.0%-2.0% and 0.10% credit spread.
All nine director nominees elected at AGM; advisory vote on executive compensation and ratification of Grant Thornton LLP approved.

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