E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/1/2017 in the Prospect News Bank Loan Daily.

At Home Group increases revolver to $350 million, extends maturity

By Angela McDaniels

Tacoma, Wash., Aug. 1 – At Home Group Inc. amended its revolving credit facility on Thursday to extend the maturity date to July 2022 and increase the facility's borrowing limit by $135 million to a total of $350 million with a $75 million accordion feature, according to a company news release.

“Our strong and consistent top- and bottom-line financial performance, in combination with favorable market conditions, has enabled us to expand our credit facility with improved terms and conditions. We have also opportunistically secured a favorable interest rate structure through the extended maturity date,” chief financial officer Judd Nystrom said in the news release.

“We are pleased that the amended facility provides additional flexibility and liquidity as we continue to deliver on our long-term growth targets.”

At Home Group is a home decor retailer based in Plano, Texas.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.