Mr. Chris Bitsakakis reports
AIRBOSS ANNOUNCES AMENDED AND RESTATED CREDIT FACILITIES
Airboss of America Corp. has renewed and amended its existing senior secured credit facilities.
The renewed facilities consist of an amended and restated revolving asset-based credit facility agented by Toronto-Dominion Bank, and an amended and restated non-revolving term loan facility with Great Rock Capital Partners LLC. The existing split-collateral structure remains substantially unchanged. The renewed facilities will provide Airboss with improved pricing and a revised covenant package that includes increased flexibility for acquisitions and other transactions. The maturity date of both renewed facilities is Sept. 24, 2031.
"The renewal of these facilities extends our financing runway while reducing borrowing costs and providing Airboss with greater flexibility to execute our business plan," said Chris Bitsakakis, president and co-chief executive officer of Airboss. "We appreciate the continued support of our lending partners and believe these renewed facilities will provide a strong financing platform for the company for the next five years."
About Airboss of America Corp.
Airboss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. Airboss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. Airboss Manufactured Products is a supplier of anti-vibration and rubber-moulded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defence, health care, medical and first responder communities, through its Airboss Defense operations. The company's shares trade on the Toronto Stock Exchange under the symbol BOS and on the OTCQX under the symbol ABSSF.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.