Hillman Solutions Reprices $643 Million Term Loan Due 2028-March 2024-www.financetom.com

Hillman Solutions Reprices $643 Million Term Loan Due 2028

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Hillman Solutions Reprices $643 Million Term Loan Due 2028

Jan 15, 2025 7:58 AM

10:20 AM EST, 01/15/2025 (MT Newswires) -- Hillman Solutions ( HLMN ) said Wednesday it repriced its existing $643 million term loan due July 14, 2028, lowering its interest rate margin by 25 basis points to a secured overnight financing rate plus 200 basis points.

The company projects annualized interest savings at roughly $1.6 million, before about $1 million one-time fees.

Hillman shares were up 2% in recent trading.

Price: 10.09, Change: +0.21, Percent Change: +2.13

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