Westrock Coffee Closes $600M Five-Year Refinancing
Westrock Coffee closed an upsized $600M five-year credit facility comprising a $300M term loan and $300M revolver, providing approximately $270M in liquidity. The company also repurchased $40M of 2029 notes for approximately $21M cash plus approximately 2.4M shares, and amended $32M of notes to mature in 2032.
Westrock Coffee completed an expanded $600M five-year credit facility, comprising a $300M term loan and a $300M revolver, which provides approximately $270M in liquidity. The company also repurchased $40M of notes due in 2029 for approximately $21M in cash plus approximately 2.4M shares. It amended $32M of notes to mature in 2032.