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Regis Enters New Senior Secured Credit Facility With TCW Asset Management

Author: Benzinga Newsdesk | June 25, 2024 05:36am

A $105 million term loan replaces the Company's existing debt, reducing outstanding indebtedness by more than $80 million and saving approximately $7 million in cash interest annually.

In addition to the term loan, the Company will have access to a $25 million revolving credit facility. The new revolving credit facility and term loan will mature on June 24, 2029. 

Posted In: RGS


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