Acme United enters new $65 million syndicated credit facility with HSBC, City National Bank - ACU News | RalliesAcme United enters new $65 million syndicated credit facility with HSBC, City National Bank
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ACU• New syndicated credit facility
- Acme United entered a new USD 65 million syndicated credit facility with HSBC Bank USA, N.A. and City National Bank.
- The facility replaces its prior USD 65 million HSBC credit facility, which was set to mature on May 31, 2027.
- The new agreement matures on July 15, 2029.
- Proceeds are earmarked for liquidity to support growth, acquisitions, dividends, and other corporate purposes.
- HSBC will act as administrative agent; City National joins as a new syndicate lender.
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