SRAM Inks New Revolver and Term Loan
The bicycle component maker will use its new $600 million senior secured first lien term loan B, due in 2032, along with cash to refinance its existing $624 million outstanding on its current term loan due in 2028. It also added a $100 million senior secured first lien revolving credit facility expiring in 2030. Moody’s rated the new debt B1 and affirmed the same ... Log in to view full article.
