Fox Factory Holding Corp. Enters Into New Credit Facility
Fox Factory Holding Corp. (FOXF)
Last fox factory holding corp. earnings: 3/3 04:05 pm
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US:NASDAQ Investor Relations:
investor.ridefox.com
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Source: GlobeNewswire
BRASELTON, Ga., June 04, 2019 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”) today announced it has entered into a new credit facility arrangement (“credit facility”). The credit facility includes a five-year $250 million senior-secured revolving line of credit that will mature in June, 2024. This new credit facility replaces the Company’s existing term loan and line of credit and increases borrowing capacity by approximately $100 million. The Company expects to write off approximately $0.6 million of debt issuance costs associated with the previous facility in the second quarter of fiscal 2019 which is not currently contemplated in the Company’s second quarter and full year guidance. “We are pleased to partner with Bank of America Merrill Lynch on this new credit facility which offers more favorable terms and greater financial flexibility than our existing arrangement. We believe the new facility will support our capital requirements for fu
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FOXF
News
- Fox Factory Holding Corp. (NASDAQ: FOXF) was upgraded by analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating. They now have a $40.00 price target on the stock.MarketBeat
- Automotive Suspension Strategic Industry Research Report 2023-2030 - Increasing Adoption of Active and Semi-Active Suspension Technologies Supports Market Expansion [Yahoo! Finance]Yahoo! Finance
- Bear of the Day: Fox Factory Holdings (FOXF) [Yahoo! Finance]Yahoo! Finance
- Fox Factory Holding Corp. (NASDAQ: FOXF) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Fox Factory Holding's (NASDAQ:FOXF) Soft Earnings Are Actually Better Than They Appear [Yahoo! Finance]Yahoo! Finance
FOXF
Earnings
- 10/31/24 - Miss
FOXF
Sec Filings
- 12/20/24 - Form 8-K
- 11/26/24 - Form 4
- 11/14/24 - Form SC
- FOXF's page on the SEC website