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Stock impact report

Helen of Troy Limited Announces Amendment to Existing Credit Agreement

Helen of Troy Limited (HELE) 
Last helen of troy limited earnings: 4/28 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.hotus.com
Company Research Source: Business Wire
Amendment Enhances Financial Flexibility EL PASO, Texas--(BUSINESS WIRE)--Helen of Troy Limited (NASDAQ: HELE), designer, developer, and worldwide marketer of branded consumer home, outdoor, beauty, and wellness products today announced that on November 25, 2025, the Company executed an amendment to its existing credit facility (“the Amendment”) originally dated February 15, 2024.The Amendment provides an extended holiday with respect to the maximum Leverage Ratio and modifies the Interest Coverage Ratio by replacing an EBIT measure with an EBITDA measure. The Amendment also reduces the commitment under the revolving credit facility from $1.0 billion to $750 million and includes an additional interest margin tier at a net leverage ratio of 4 times or greater.Mr. Brian L. Grass, Chief Financial Officer, stated: “As anticipated, and highlighted on our October earnings call, we partnered with Bank of America and our lender group to amend our credit facility on favorable terms. The ext Show less Read more
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