Spectrum Brands Holdings, Inc. (NYSE:SPB), an indirect majority owned subsidiary of HRG Group, Inc. (“HRG”), announced the completion of its previously announced repricing transaction pursuant to which Spectrum Brands replaced all of its U.S. dollar-denominated term loans with new U.S. dollar-denominated term loans. Spectrum Brands’ new term loans carry lower interest rate margins, but otherwise have the same terms, including the maturity date, as the prior term loans.
Interested parties should read public filings and other announcements by Spectrum Brands Holdings, Inc., the indirect parent of Spectrum Brands and a majority owned subsidiary of HRG, for more information regarding the foregoing matters.