Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Sally Beauty Holdings, Inc. incurred term loan of $400.0 million with Bank of America, N.A., as Administrative Agent and Collateral Agent at Adjusted Term SOFR Rate from time to time in effect plus 2.50% maturing February 28, 2030.
- Instrument
- term loan
- Principal
- $400.0 million
- Counterparty
- Bank of America, N.A., as Administrative Agent and Collateral Agent
- Rate
- Adjusted Term SOFR Rate from time to time in effect plus 2.50%
- Maturity
- February 28, 2030
- Event
- incurrence
Exact text from the filing
On February 28, 2023, Sally Beauty Holdings, Inc. (the “Company”) announced that its wholly-owned subsidiaries, Sally Holdings LLC (“Sally Holdings”) and Sally Capital, Inc. (“Sally Capital” and, together with Sally Holdings, the “Borrowers”), and certain of the Company’s other direct and indirect subsidiaries entered into a credit agreement with Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto providing for a term loan B facility (the “TLB”) in an aggregate principal amount equal to $400.0 million
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Sally Beauty Holdings, Inc. entered into Credit Agreement with Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto valued at $400.0 million (effective 2023-02-28).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto
- Value
- $400.0 million
- Effective
- 2023-02-28
Exact text from the filing
On February 28, 2023, Sally Beauty Holdings, Inc. (the “Company”) announced that its wholly-owned subsidiaries, Sally Holdings LLC (“Sally Holdings”) and Sally Capital, Inc. (“Sally Capital” and, together with Sally Holdings, the “Borrowers”), and certain of the Company’s other direct and indirect subsidiaries entered into a credit agreement with Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto providing for a term loan B facility (the “TLB”) in an aggregate principal amount equal to $400.0 million
View on SEC.gov