Westrock Coffee Repurchases $40 Million in Debt
Bitget2026/10/21 20:06- Westrock Coffee repurchased $40 million of its 5% convertible senior notes due 2029.
- Consideration comprised approximately $21 million in cash and approximately 2,400,000 common shares.
- The remaining $32 million of notes had their maturity extended to January 2032.
- These notes are optionally redeemable if shares trade at or above $14.25 for more than 120 consecutive trading days.
- New $600 million credit facilities maturing in October 2031 refinanced debt under the prior credit agreement.
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