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Hawkins, Inc. Increases Credit Facility to $250 Million to Support Future Growth

Globe Newswire - Thu Mar 31, 2022

ROSEVILLE, Minn., March 31, 2022 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, announced today it has entered into an amended and restated credit agreement that provides the Company with a $250 million revolving credit facility, replacing the Company’s current $150 million facility. The new agreement has a five-year maturity date. In addition to refinancing outstanding borrowings under the previous credit facility, the Company expects to use funds borrowed under the agreement for working capital, capital expenditures, acquisitions, and for other general corporate purposes.

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