Brief: Franchise Group Inc Announces The Launch Of A $200 Million Add-On To Its Existing Term Loan

Franchise

24/01/2023 23:20

Jan 24 (Reuters) - Franchise Group Inc  FRG.O :
    * FRANCHISE GROUP, INC. ANNOUNCES THE LAUNCH OF A $200
MILLION
ADD-ON TO ITS EXISTING TERM LOAN
    * FRANCHISE GROUP INC - REAFFIRMS FISCAL 2022 OUTLOOK
    * FRANCHISE GROUP INC - HAS LAUNCHED A $200 MILLION
NON-FUNGIBLE
ADD-ON TO ITS EXISTING FIRST LIEN TERM LOAN DUE IN MARCH 2026
    * FRANCHISE GROUP INC - PROCEEDS FROM TRANSACTION ARE
EXPECTED TO
BE USED TO PAY DOWN EXISTING DEBT UNDER COMPANY'S ABL CREDIT
FACILITY

Source text for Eikon:  ID:nGNX7pHvkr 
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