Energizer Holdings ( (ENR) ) has issued an announcement.
On March 19, 2025, Energizer Holdings announced the successful refinancing and extension of its $760 million Term Loan and $500 million Revolving Credit Facility. This move extends the maturity dates of these facilities, strengthens the company’s debt capital structure, and provides enhanced financial flexibility. The new Term Loan matures in 2032, while the Revolving Credit Facility matures in 2030, both bearing interest rates tied to the Secured Overnight Financing Rate (SOFR). This refinancing is seen as a testament to Energizer’s strong operating performance and commitment to debt reduction, offering benefits to stakeholders by maintaining a cost-efficient and flexible debt structure.
More about Energizer Holdings
Energizer Holdings, headquartered in St. Louis, is one of the world’s largest manufacturers and distributors of primary batteries, portable lights, and auto care products. The company is known for its globally recognized brands such as Energizer, Armor All, and Eveready, and aims to lead in its categories by better serving consumers and customers.
YTD Price Performance: -12.44%
Average Trading Volume: 580,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.17B
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