debt
confidence high
sentiment positive
materiality 0.45
Thor Industries reduces interest margin on $350M USD and €304M Euro term loans
THOR INDUSTRIES INC
- USD loan margin cut 0.50%: ABR now 1.25%, Term Benchmark USD now 2.25%.
- Euro loan margin cut 0.25%: Term Benchmark EUR now 2.75%.
- Maturity date remains November 15, 2030; covenants unchanged.
- Outstanding principal: $350M on USD term loan and €304.175M on Euro term loan as of July 1, 2024.