GSM Outdoors’ Term Loan Supports Growth Plans
The ratings agency left GSM Outdoors’ B3 corporate family rating, B3 rating on the upsized senior secured first lien term loan, and stable outlook unchanged, including its proposed $100 million incremental term loan. GSM intends to use the proceeds to fund acquisitions and support general corporate purposes. The $100 million incremental senior secured term loan will be fungible with the company’s existing $775 million senior secured ... Log in to view full article.
