Regis refinances $190M debt with new $105M credit facility; debt reduced by >$80M, saves ~$7M annual interest

REGIS CORP

New senior secured credit facility: $35M Term Loan A, $70M Term Loan B, and $25M revolver, maturing June 24, 2029.
Existing ~$190M debt terminated; lenders accepted $94M payment, reducing outstanding principal by over $80M.
Expected ~$7M annual cash interest savings; interest at Term SOFR + 9.00% margin, up to 4.50% PIK.
Proceeds fully refinance existing senior secured indebtedness; revolver for working capital and general corporate purposes.
CEO Matthew Doctor calls refinancing a 'significant milestone' improving balance sheet and financial flexibility.

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