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  • Thursday, April 18, 2024

ATK Lenders Meeting to Tackle $1.8B in Loans

ATKATK (NYSE: ATK) will host a conference for lenders on Tuesday to discuss the company’s planned senior secured bank financing.

That funding comprises of a $600 million revolving credit facility, a $1.01 billion term loan “A” facility and a $250 million term loan “B” facility, ATK said Friday.

The Arlington, Va.-based company aims for those facilities to finance the acquisition of Bushnell Group Holdings Inc, as well as to refinance existing senior term loan and revolving credit facilities.

 

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