Bass Pro Extending Term Loan to 2028
Bass Pro and Cabela’s parent Great American Outdoor Group is refinancing its $4.1 billion senior secured term loan to extend the maturity out to 2028 and reduce its interest expense. It also intends to expand its asset-backed lending facility by $300 million, to more than $1.5 billion, and extend its maturity to 2026. Standard & Poor’s rated the term loan B+, but has not issued ... Log in to view full article.