Allbirds Refinances, Plans ATM Stock Sales
The sustainable sneaker brand replaced its $50 million revolving credit facility that would have matured next Apr. with a new revolver in the same amount but with a $25 million accordion feature that matures June 30, 2028. The facility is not cheap, however, bearing interest at SOFR plus 575 basis points. In addition, ... Log in to view full article.
