Hillman Solutions completed a comprehensive refinancing, securing a $735 million senior secured term loan led by Jefferies Finance and a new $375 million asset-based revolving credit facility administered by U.S. Bank. Proceeds were used to retire and terminate the company’s 2021 term loan agreement and its 2018 ABL facility. The new term loan matures in 2033 and the ABL revolver in 2031, providing extended maturities, enhanced liquidity, and improved financial flexibility for operations and growth initiatives.
Agreement 1: Hillman Solutions Secures $735 Million Term Loan Maturing 2033 Led by Jefferies
- Agreement type: Senior secured term loan facility
- Counterparty: Jefferies Finance and lenders
- Signed / Effective: Jul 22 2026 / Jul 22 2026
- Duration / Termination: 7 years (matures Jul 22 2033)
- Reason: Refinance debt and extend maturities
Agreement 2: Hillman Solutions Establishes $375 Million ABL Revolver With U.S. Bank Through 2031
- Agreement type: Senior secured asset-based revolving credit facility
- Counterparty: U.S. Bank and lenders
- Signed / Effective: Jul 22 2026 / Jul 22 2026
- Duration / Termination: 5 years (matures Jul 22 2031)
- Reason: Provide liquidity for working capital and general purposes
Agreement 3: Hillman Solutions Terminates 2021 Term Loan Agreement as Part of Refinancing
- Agreement terminated: Term loan credit agreement
- Counterparty: Jefferies Finance
- Original agreement date: Jul 14 2021
- Termination date: Jul 22 2026
- Termination type: Early
- Reason: Replaced with new term loan facility
Agreement 4: Hillman Solutions Ends 2018 ABL Agreement, Replaced by New Facility
- Agreement terminated: Asset-based revolving credit agreement
- Counterparty: Barclays Bank
- Original agreement date: May 31 2018
- Termination date: Jul 22 2026
- Termination type: Early
- Reason: Replaced with new ABL facility
Original SEC Filing:
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