debt
confidence high
sentiment neutral
materiality 0.55
Bowlero adds $250M term loans and $35M revolver increase under amended credit facility
Lucky Strike Entertainment Corp
- $250M incremental term loans added to existing First Lien Credit Agreement.
- Revolving commitments increased by $35M to $235M aggregate.
- Proceeds for general corporate purposes, which may include acquisitions.
- Incremental term loans have same terms (amortization, interest, maturity) as existing.