- Nomad Meals (NYSE:NOMD) on Monday stated it has repriced its present USD denominated Time period Mortgage B of $693M principal.
- The closing of the repricing of the time period mortgage is predicted to happen on or earlier than Could 7.
- Following the closing, the margin on the time period mortgage might be diminished by 50 foundation factors to SOFR + 250 foundation factors, which is predicted to lead to about $3.5 million of annual money financial savings. There aren’t any adjustments to the maturity of the time period mortgage because of this repricing.
- Supply: Press Release