Brief: Utz Brands Announces Continued Acceleration Of Supply Chain Transformation Strategy And Completes Term Loan Repricing

Utz Brands

18/04/2024 14:33

April 18 (Reuters) - UTZ Brands Inc  UTZ.N :
    * UTZ BRANDS ANNOUNCES CONTINUED ACCELERATION OF SUPPLY
CHAIN
TRANSFORMATION STRATEGY AND COMPLETES TERM LOAN REPRICING
    * UTZ BRANDS INC: TOTAL CASH PROCEEDS RECEIVED OF $18.5
MILLION
    * UTZ BRANDS INC: COMPLETED REPRICING OF $630 MILLION TERM
LOAN
RESULTING IN A LOWER INTEREST RATE
    * UTZ BRANDS INC - DISPOSITION OF TWO MANUFACTURING
FACILITIES TO
OUR HOME
    * UTZ BRANDS INC - AFFILIATES OF OUR HOME AGREED TO PURCHASE
CO'S
BERLIN, PA, AND FITCHBURG, MA MANUFACTURING FACILITIES AND
CERTAIN RELATED ASSETS
    * UTZ BRANDS INC - TOTAL CONSIDERATION FOR TRANSACTIONS IS
$18.5
MILLION
    * UTZ BRANDS INC - EXPECTS IMPACT OF TRANSACTIONS TO BE
ACCRETIVE
TO ITS ADJUSTED EARNINGS PER SHARE ON A FULL-YEAR BASIS IN 2024

Source text for Eikon:  ID:nBw1pWlVWa 
Further company coverage:  UTZ.N 

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