Energizer extends $760 million term loan and $500 million revolver to 2032 and 2030
On March 19, 2025, Energizer entered an Amendment and Restatement Agreement that refinanced its credit agreement, providing a $760 million Term B loan and a $500 million revolving credit facility. The company says the transactions are leverage neutral and extend the maturities of both facilities by more than four years, to March 19, 2032 for the term loan and March 19, 2030 for the revolver.
Key points
- Term B loan of $760 million matures March 19, 2032; SOFR-based loans bear a margin of 2.00%
- Revolving facility of $500 million matures March 19, 2030; SOFR-based margin ranges from 1.375% to 2.00% depending on leverage ratio
- Obligations are secured by a first priority lien on substantially all assets of the company and guarantors
- Proceeds were used to repay the existing facilities and pay related fees and expenses, with revolver proceeds also available for working capital and general corporate purposes
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 19, 2025.
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