Acme United enters $65M syndicated credit facility with HSBC and City National Bank, maturing 2029

ACME UNITED CORP

New $65M revolving credit facility replaces prior HSBC facility; matures July 15, 2029.
Interest at Term SOFR plus margin of 2.00%–2.75% based on Net Funded Debt/EBITDA ratio.
Opening balance of $28.5M used to repay prior facility on July 15, 2026.
Financial covenants: max Net Funded Debt/EBITDA 3.75x, min Fixed Charge Coverage 1.10x.
Facility secured by first-priority lien on substantially all assets of the company.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.