Brief: Rocky Brands, Inc. Announces Comprehensive Debt Refinancing

Rocky Brands

29/04/2024 21:24

April 29 (Reuters) - Rocky Brands Inc  RCKY.O :
    * ROCKY BRANDS, INC. ANNOUNCES COMPREHENSIVE DEBT
REFINANCING
    * ROCKY BRANDS INC - COMBINED TRANSACTIONS EXTEND COMPANY'S
DEBT
MATURITIES FROM MARCH 2026 TO APRIL 2029
    * ROCKY BRANDS INC - UPSIZED, AMENDED AND EXTENDED ABL
FACILITY,
AGENTED BY BANK OF AMERICA, IS COMPRISED OF A $175 MILLION
    * ROCKY BRANDS INC - COMBINED TRANSACTIONS ARE EXPECTED TO
GENERATE NET SAVINGS OF APPROXIMATELY $2.9 MILLION FOR REMAINDER
OF 2024

Source text for Eikon:  ID:nBw9wdryKa 
Further company coverage:  RCKY.O 

 ((Reuters.Briefs@thomsonreuters.com;))