Peak Achievement Athletics Plans Debt Offering
The Canadian parent of Bauer, Cascade, and Maverick hockey and lacrosse brands will issue C$250 million ($179 mm) of unsecured notes due Aug. 2033, using most of the proceeds to pay down its existing $339 million term loan due Dec. 2027. S&P Global Ratings assigned Peak a BB- issuer credit rating with a stable outlook and rated the notes B+, noting that the company’s leverage is approximately 5x ... Log in to view full article.
