Krispy Kreme (DNUT) Announces Refinancing
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Krispy Kreme Strengthens Balance Sheet with Successful Refinancing
March 23, 2023 4:30 PM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme or the Company) today announced that it has successfully completed the refinancing of existing Term Loan A and Revolver Facilities. The new $700 million Term Loan A and $300 million revolver extends maturities until March 2028 at the same terms to existing facilities and welcomes several new creditors into our facilities. There is no change in the Companys net debt as a result of this refinancing.
Jeremiah Ashukian, the Companys Chief Financial Officer, commented, We are pleased that this well over-subscribed... More
