Simply Good Foods Secures $150 Million Incremental Term Loan and Extends Credit Facility Maturities

Reuters11-20

Simply Good Foods Secures $150 Million Incremental Term Loan and Extends Credit Facility Maturities

Simply Good Foods Company, through its subsidiary Simply Good Foods USA, Inc., has amended its existing Credit Agreement with a group of lenders and Barclays Bank PLC as administrative agent. The amendment establishes a new $150 million incremental term loan facility to support working capital, general corporate purposes, growth capital expenditures, and share repurchases. Additionally, the maturity dates for the company's revolving and term loan facilities have been extended to December 16, 2029, and March 17, 2030, respectively. The interest rate for revolving SOFR loans under the agreement was also revised to SOFR plus 2.00%, with a floor of 0.00%. The new term loans feature terms substantially similar to the existing term loans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simply Good Foods Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-114309), on November 20, 2025, and is solely responsible for the information contained therein.

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ID: 0001104659-25-114309), on November 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0161305163.EUR","symbol_name":"SCHRODER ISF EUROPEAN VALUE \"A\" (EUR) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251120:nNDL3nlwLS:1","article_id":"2584133847","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584133847","pubTimestamp":1763636686,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Simply Good Foods Company, through its subsidiary Simply Good Foods USA, Inc., has amended its existing Credit Agreement with a group of lenders and Barclays Bank PLC as administrative agent. 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