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Acme United enters new $65 million syndicated credit facility with HSBC, City National Bank

PUBT·07/21/2026 20:16:54
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Acme United enters new $65 million syndicated credit facility with HSBC, City National Bank
  • Acme United entered a new USD 65 million syndicated credit facility with HSBC Bank USA, National Association, City National Bank.
  • Facility replaces its prior USD 65 million HSBC credit facility, extends maturity to July 15, 2029.
  • Borrowings priced at Term SOFR plus 2%-2.75%, tied to net funded debt-to-EBITDA.
  • Opening balance was USD 28.5 million, matching the payoff amount used to terminate the former facility.
  • Secured by a first-priority lien on substantially all assets, includes leverage and fixed-charge coverage maintenance tests.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acme United Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-310329), on July 21, 2026, and is solely responsible for the information contained therein.