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Hydrofarm Holdings Group Announces Termination of $109 Million Senior Secured Term Loan in Connection with Pricing of Aggregate $8.3 Million Registered Direct Offering and Concurrent Private Placement

Source: globenewswire.com

Credit & Bond MarketsCompany Fundamentals
Hydrofarm Holdings Group Announces Termination of $109 Million Senior Secured Term Loan in Connection with Pricing of Aggregate $8.3 Million Registered Direct Offering and Concurrent Private Placement

Hydrofarm Holdings Group announced the elimination of $109 million in term-loan debt in connection with pricing a registered direct offering. The offering amount is missing from the provided headline, so its size and potential dilution cannot be assessed.

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