Loan & DebtJul 15, 2026, 04:18 PM
Celsius Holdings Secures New $694.75M Term Loan, Reduces Interest Rate
AI Summary
Celsius Holdings, Inc. entered into a second refinancing amendment to its Credit Agreement on July 15, 2026, reducing the interest rate on its Term Loan Facility by 0.25%, with a potential further 0.25% reduction based on corporate ratings. Concurrently, the company repaid its existing $700.0 million term loan using proceeds from a new $694.75 million term loan, which benefits from the reduced interest rate. This refinancing did not incur any prepayment penalties, optimizing the company's debt structure.
Key Highlights
- Celsius Holdings entered a second refinancing amendment to its Credit Agreement on July 15, 2026.
- The amendment reduces the Term Loan Facility interest rate by 0.25%, with potential for an additional 0.25%.
- The company repaid its existing $700.0 million term loan in full.
- A new $694.75 million term loan was secured under the Term Loan Facility at the reduced interest rate.
- No prepayment penalties were incurred in connection with this refinancing.
Price Impact
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