Leslies Enters Restructuring Support Agreement To Eliminate ~90% Of Debt And Receive $150M Of New Capital, Comprising $90M Of New-Money DIP Financing And $60M Of Equity Financing
Leslie's, Inc. ("Leslie’s" or the "Company"), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals
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Why It Matters
Leslie's is getting help to pay off most of its debt. The company is getting fresh money to keep operating and fix its finances.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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