Superior Group amends, extends $200 million credit facilities with PNC-led lender group to 2031
SGC•Credit facilities amended and extended
Superior Group of Companies entered an amended and restated credit agreement with PNC Bank as administrative agent, backed by a lender syndicate.
The facilities total $200 million and include a $125 million revolving credit facility and a $75 million term loan. The sizes are unchanged from the prior deal.
The five-year term extends debt maturity to August 2031 from August 2027.
The agreement also keeps an option to request up to $75 million of incremental capacity.
