Track Group transfers subsidiaries to TG Holdings as collateral under Chatham Capital credit agreement - TRCK News | RalliesTrack Group transfers subsidiaries to TG Holdings as collateral under Chatham Capital credit agreement
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TRCK• Collateral transferred to newly formed holding company
- Track Group restructured collateral tied to its April 30, 2026 credit agreement with Chatham Capital Management as administrative agent.
- On Aug. 18, 2026, it transferred ownership of key operating subsidiaries into newly formed unit Track Group Holdings.
- Track Group Holdings joined the guaranty and collateral package as a grantor-guarantor under a joinder agreement.
- The move pledged the subsidiaries as collateral, strengthening lender security under the existing financing arrangements.
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