Lifetime Brands closes $60M term loan and extends $200M credit facility

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Lifetime Brands Announces Closing of $60 Million Second Lien Term Loan and Amended and Extended $200 million ABL Facility

August 17, 2026 4:15 PM EDT

New second lien term loan and ABL Facility maturities to August 2031

GARDEN CITY, N.Y., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced that it has completed the refinancing of its credit facilities.

The Company's existing Term Loan B has been replaced with a new $60 million second lien term loan provided by Pathlight Capital, and the Company's $200 million asset-based revolving... More