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Reed’s converts USD 9.25 million senior secured revolving facility into term loan, extends maturity to June 2027

PUBT·09/30/2026 20:31:51
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Reed’s converts USD 9.25 million senior secured revolving facility into term loan, extends maturity to June 2027
  • Reed’s refinanced its USD 9.25 million senior secured credit facility through a second amendment with Whitebox-managed funds.
  • Revolving credit commitments converted into a USD 9.25 million term loan; maturity extended to June 30, 2027.
  • Optional extension to Sept. 30, 2027 available if conditions are met; interest rises to 9.25% during extension.
  • Term loan interest set at 8.75%; unused revolving loan fee eliminated; liquidity covenant waived through Nov. 6, 2026.
  • Facility requires at least USD 10 million of aggregate cash equity contributions by Nov. 6, 2026.


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. Reed's Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609301630PRIMZONEFULLFEED9837297) on September 30, 2026, and is solely responsible for the information contained therein.