Energizer (ENR) said Wednesday it successfully extended its $760 million term loan and $500 million revolving credit facility by more than four years.
The new term loan matures in 2032, and bears interest at a rate equal to the secured overnight financing rate plus 200 basis points per year, the company said.
The new revolving credit facility matures in 2030, and bears interest at a rate equal to secured overnight finance rate plus the applicable margin, based on leverage, the company said.