Reynolds Consumer Products Announces Extended and Upsized Revolving Credit Facility [Yahoo! Finance]
Reynolds Consumer Products Inc. (REYN)
Company Research
Source: Yahoo! Finance
The parties replaced an undrawn $250 million senior secured revolving credit facility maturing in February 2026 with an undrawn $700 million senior secured revolving credit facility maturing in October 2029 under the credit agreement. The sizing places the revolving facility more in line with companies with similarly strong credit characteristics. The Company's senior secured term loan facility under the credit agreement continues to mature in February 2027 and had outstanding indebtedness of $1.784 billion on June 30, 2024. "Our capital allocation priorities remain unchanged and we are pleased to successfully extend and upsize our revolving credit facility as part of our ongoing work to optimize our capital structure and increase our financial flexibility." said Scott Huckins, Chief Financial Officer. "We continue to actively monitor market conditions for refinancing the term loan facility, benefiting from our strong cash flow profile and improved credit metrics." Wells Fargo
Show less
Read more
Impact Snapshot
Event Time:
REYN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
REYN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
REYN alerts
High impacting Reynolds Consumer Products Inc. news events
Weekly update
A roundup of the hottest topics
REYN
News
- Reynolds Consumer Products Inc. (NASDAQ: REYN) had its price target lowered by analysts at Barclays PLC from $29.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Reynolds Consumer Products Inc. (REYN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Reynolds Consumer Products Reports Third Quarter 2024 Financial ResultsBusiness Wire
- Reynolds Consumer Products Declares Regular Quarterly Cash DividendBusiness Wire
- The Reynolds Wrap® Team Releases Limited-Edition Embossed Foil to Add Cheer to Homemade Food Gifting and Gatherings This Holiday SeasonPR Newswire
REYN
Earnings
- 10/30/24 - In-Line
REYN
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/17/24 - Form 8-K
- REYN's page on the SEC website