debt
confidence high
sentiment neutral
materiality 0.45
Nature's Sunshine extends Bank of America credit line to June 2027; commitment up to $25M
NATURES SUNSHINE PRODUCTS INC
- Maturity of existing $25M line extended from unspecified date to June 1, 2027.
- Borrower may request up to three increases (min $5M each) to total commitment of $25M.
- Interest rate set to BSBY Daily Floating Rate plus 1.50% (Index Floor 0.00%).
- Proceeds may be used for general corporate purposes, including share repurchases and acquisitions with bank consent.
- Outstanding balance as of June 22, 2022 was $0; no principal was drawn at amendment.