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High Liner Foods Completes Refinancing of Term Debt

Newswire.ca - Wed Jul 31, 11:54AM CDT

$240 million Term Loan B refinanced at SOFR plus 3.25% with maturity extended from October 2026 to July 2031.

LUNENBURG, NS, July 31, 2024 /CNW/ - High Liner Foods Incorporated (TSX: HLF) ("High Liner Foods" or the "Company"), a leading North American value-added frozen seafood company, today announced it has successfully completed a refinancing of its senior secured term loan (the "Term Loan B"). Proceeds from the refinancing, along with cash on hand, were used to repay the Company's existing term debt and pay related fees and expenses. All figures are in U.S. dollars ("USD") unless otherwise noted.

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