Hillman Solutions adds $200 million term loans for Kanebridge acquisition financing
Hillman Solutions amended its term loan credit agreement to add $200 million of senior secured term loans. The loans mature July 22, 2033 and are priced at SOFR+2.00% (or ABR+1.00%) at the borrower’s option.
Hillman Solutions entered into an amendment to its term loan credit agreement to add $200 million of senior secured term loans. The loans mature on July 22, 2033, and may be priced at the borrower’s option at SOFR plus 2.00% or ABR plus 1.00%. The agreement includes customary covenants without financial maintenance covenants.