- Category
- Defining Matters
- Date
- Feb. 09, 2023
- Title
-
Premier Brands Group Upsizes Asset-Based Loan and Extends Term Loan
Kramer Levin advised Premier Brands Group in the refinancing and upsizing of its asset-based revolving credit facility and extension of its term loan credit facility. The refinancing, which matures in 2026, increased the company’s asset-based credit facility to $255 million, with approximately $50 million of incremental liquidity. The term-loan amendment and extension, which garnered 100% lender support, extended the maturity of the company’s term debt to 2026.
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David J. Fisher
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Todd E. Lenson
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Christopher S. Auguste
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