Hasbro has amended its $1.1 billion revolving credit facility, extending its maturity date to February 20, 2031. This agreement provides financial flexibility with potential for incremental commitments and sets interest rates based on market benchmarks and the company’s financial health. Despite a recent loss per share, analysts predict a return to profitability, and the stock has shown strong returns over the past year.
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Hasbro amends $1.1 billion revolving credit facility, extends maturity to 2031
Hasbro has amended its $1.1 billion revolving credit facility, extending its maturity date to February 20, 2031. This agreement provides financial flexibility with potential for incremental commitments and sets interest rates based on market benchmarks and the company’s financial health. Despite a recent loss per share, analysts predict a return to profitability, and the stock has shown strong returns over the past year.