Daily News: May 17, 2017

Deutsche Bank Agents $250MM Spectrum Upsize


Spectrum Brands, an indirect majority-owned subsidiary of HRG Group, entered into the fourth amendment to its June 23, 2015 credit agreement with Deutsche Bank New York Branch as the administrative agent.

The amendment increased Spectrum Brands’ U.S. dollar-denominated term loans under the credit agreement from approximately $1 billion to approximately $1.250 billion in aggregate principal amount of indebtedness while maintaining the same existing terms.