Augusta Sportswear extends revolver and term loan maturities

By Sara Rosenberg

New York, Oct. 20 – Augusta Sportswear amended its credit facilities, extending the maturity of its $40 million revolver and $347 million term loan by 18 months to April 2025, according to a market source.

In connection with the extension, pricing on the credit facilities was increased to SOFR+CSA plus 550 basis points from Libor plus 450 bps, the source said.

Also, certain credit agreement terms were amended.

Antares Capital acted as the left lead on the deal.

Augusta Sportswear is a Grovetown, Ga.-based designer, manufacturer and marketer of high-performance uniforms, training apparel, and fanwear.

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