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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Bank of America Agents $425MM Revolving Credit Facility for Edgewell Personal Care
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Lenders/Participants
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Bank of America [Administrative Agent]
Bank of America Securities [Joint Lead Arranger, Joint Bookrunner]
MUFG [Joint Lead Arranger, Joint Bookrunner, Syndication Agent]
TD Securities [Participant]
Barclays [Participant]
Goldman Sachs Bank USA [Participant]
Standard Chartered Bank [Participant]
The Northern Trust Company [Participant]
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Structure
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Senior Secured Revolver
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Amount
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$425.000
Million
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Borrower(s)
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Edgewell Personal Care Company
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Description
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The new credit facility, expandable under an accordion feature, will provide for a five-year revolving line of credit and will bear interest at a range of 1.50% - 2.25% over LIBOR, depending on the net leverage level of the Company. Since the Company has no outstanding borrowings under the previous credit facility, the Company expects that no cash will be utilized to pay down any outstanding debt upon termination of the Company's existing credit facility.
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Industry
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Consumer Products
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Location
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CT
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| Related Tags |
Bank of America, Barclays, Goldman Sachs Bank, MUFG Bank, Standard Chartered Bank, TD Securities, The Northern Trust Company
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ABL Advisor
Deal Tables
2024
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