Funko draws down $29 million under revolving credit facility

By Wendy Van Sickle

Columbus, Ohio, April 2 – Funko, Inc. said it has drawn down $29 million under its $75 million revolver amid the Covid-19 pandemic.

The company had since Dec. 31 repaid all borrowings under the revolver.

As of March 31, the company expects to have had over $50 million of cash on hand and $46 million of availability on its revolver.

Funko is a Lynnwood, Wash.-based company that manufactures licensed pop culture toys.

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