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Turtle Beach closes new USD 80 million ABL, USD 85 million term loan facilities
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Turtle Beach closes new USD 80 million ABL, USD 85 million term loan facilities
  • Turtle Beach closed restructured credit facilities, replacing prior USD 150 million credit agreement.
  • New package includes revolving asset-based lending facility up to USD 80 million from Bank of America.
  • Blue Torch provided USD 85 million term loan facility; both facilities mature in three years.
  • Structure adds covenant framework tailored to support share repurchases, with about USD 56 million remaining under existing USD 75 million buyback authorization.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Turtle Beach Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605040900PRIMZONEFULLFEED9712068) on May 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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