Simply Good Foods reprices term loans, reducing interest rate margins by 50 bps

Simply Good Foods Co

SOFR-based Initial Term Loans margin cut from 2.50% to 2.00%; ABR-based from 1.50% to 1.00%.
Credit spread adjustment previously applied to SOFR loans eliminated.
Prepayment premium period for Repricing Transactions reset to six months from effective date.
Non-consenting term lenders' loans assigned to Barclays Bank PLC as replacement lender.

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