debt
confidence high
sentiment neutral
materiality 0.45
Bowlero boosts revolving credit facility by $50M to $335M via Eleventh Amendment
Lucky Strike Entertainment Corp
- Amended First Lien Credit Agreement increased total revolving commitments by $50M to an aggregate $335M.
- Incremental $50M revolving commitments are undrawn as of August 23, 2024 effective date.
- Terms including interest rate and maturity are unchanged from existing revolving commitments.
- Amendment is among Bowlero, subsidiary Kingpin Intermediate Holdings, JPMorgan as agent, and lenders.