Franchise Group Inc Announces The Launch Of A $200 Million Add-On To Its Existing Term Loan

January 24, 2023 03:20 PM PST | By Reuters
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Jan 24 (Reuters) - Franchise Group Inc:

* FRANCHISE GROUP, INC. ANNOUNCES THE LAUNCH OF A $200 MILLION ADD-ON TO ITS EXISTING TERM LOAN

* FRANCHISE GROUP INC - REAFFIRMS FISCAL 2022 OUTLOOK

* FRANCHISE GROUP INC - HAS LAUNCHED A $200 MILLION NON-FUNGIBLE ADD-ON TO ITS EXISTING FIRST LIEN TERM LOAN DUE IN MARCH 2026

* FRANCHISE GROUP INC - PROCEEDS FROM TRANSACTION ARE EXPECTED TO BE USED TO PAY DOWN EXISTING DEBT UNDER COMPANY'S ABL CREDIT FACILITY Source text for Eikon: Further company coverage:


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