FREE - Whole earth brands increases revolving credit facility to $125M

Whole Earth Brands (NASDAQ:FREE) increase company’s existing revolving credit facility from $75M to $125M and replace LIBOR with SOFR as the reference interest rate, effective June 15, 2022 “We are grateful to our lending partners for their support and the confidence they have in the Company executing its business plan. We believe that the additional financial flexibility afforded to us through the upsized revolver will allow us to continue our profitable growth journey while preserving ample liquidity," said Duane Portwood, Chief Financial Officer.

For further details see:

Whole earth brands increases revolving credit facility to $125M