Magpul Owners Take Debt Fueled Dividend
The maker of magazines and other firearms accessories is issuing $300 million of senior secured second lien notes due in 2028 to fund a dividend distribution to shareholders including its private equity sponsor Albion River. Moody’s rated the new debt B1 and gave the company a B1 corporate family rating. Magpul has been enjoying strong demand as an OE and ... Log in to view full article.
