Spectrum Brands Increases Revolving Credit Facility, Extends its Maturity and Reduces Interest Rate Margins and Unused Commitment Fees

MIDDLETON, Wis.–(BUSINESS WIRE)–Spectrum Brands Holdings, Inc. (NYSE: SPB), a global consumer products company offering an expanding portfolio of leading brands providing superior value to consumers and customers every day, announced today that its wholly owned subsidiaries, Spectrum Brands, Inc. (“Spectrum Brands”) and SB/RH Holdings, LLC (“SB/RH Holdings”), entered into the second amendment (the “Second Amendment”) to the credit agreement, dated as of June 23, 2015 (the “Credit Agreement”), by and among Spectrum Brands, SB/RH Holdings, Deutsche Bank AG New York Branch (as the administrative agent) and the lenders party thereto from time to time.

The Second Amendment modified certain

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source http://www.omnipopmag.com/2017/03/06/spectrum-brands-increases-revolving-credit-facility-extends-its-maturity-and-reduces-interest-rate-margins-and-unused-commitment-fees/