CHICAGO, June 17, 2022 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq:FREE) a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced that it completed an amendment, effective June 15, 2022, to its amended and restated credit agreement (the “Agreement”) with its lenders. The Agreement was amended to (i) reflect a $50 million increase in the size of the Company’s existing revolving credit facility from $75 million to $125 million; and (ii) to replace LIBOR with SOFR as the reference interest rate. There were no other substantive changes to the Agreement.
Whole Earth Brands, Inc. Increases Revolving Credit Facility to $125 Million
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