2023-03-23 18:46:20 ET
- Krispy Kreme ( NASDAQ: DNUT ) said Thursday it has completed refinancing of its existing term loan A and revolver facilities.
- The new $700 million term loan A and $300 million revolver extends maturities until March 2028 at the same terms to existing facilities and has several new creditors. company said.
- There is no change in the company’s net debt as a result of this refinancing.
- With the completion of the refinancing, DNUT continues to expect net interest expense between $39 and $43 million.
- Press Release .
For further details see:
Krispy Kreme completes $1B refinancing