Birkenstock Holding (BIRK) Announces Refinancing of Credit Facilities

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. DECK
2. RNG
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

Go back to Birkenstock Holding (BIRK) Announces Refinancing of Credit Facilities

Refinancing of Credit Facilities and Voluntary Early Repayments of Around USD 50 Million Optimize Financing Conditions and Further Drive Balance Sheet Deleveraging

May 28, 2024 4:45 PM EDT

LONDON, UNITED KINGDOM / ACCESSWIRE / May 28, 2024 / Today, subsidiaries of Birkenstock Holding plc ("BIRKENSTOCK or the "Company") (NYSE: BIRK) signed a new term loan and revolving credit facilities agreement with a syndicate of nine banks providing for new facilities with aggregate loans and commitments of approximately EUR 850 million that will be used to refinance the existing term loans and to replace the undrawn ABL facility with a new revolving credit facility (RCF). The total volume of commitments received exceeded the financing volume of approximately EUR 850 million by more than 30 percent. In... More