Tupperware Brands Corporation

NYSE:TUP   12:59:13 PM EDT
16.41
+0.10 (+0.61%)
Debt Financing / Related

Tupperware Brands Reduces Borrowing Costs And Increases Financial Flexibility With New $880M Credit Facility

Published: 11/23/2021 21:47 GMT
Tupperware Brands Corporation (TUP) - Tupperware Brands Reduces Borrowing Costs and Increases Financial Flexibility With New $880m Credit Facility.
Tupperware Brands Reduces Borrowing Costs and Increases Financial Flexibility With New $880m Credit Facility.
Tupperware Brands Corp - New Facility Consists of a Five-year, $480 Million Revolving Credit Facility, and a Five-year, $400 Million Term Loan.
Tupperware Brands Corp - New Facility Lowers Interest Rate on Term Loans by Over 6 Percentage Points.
Tupperware Brands Corp - New Facility Extends Credit Facility Maturity by 2.5 Years to 2026.
Tupperware Brands Corp - New Facility Increases Liquidity by Approximately $100 Million.