TriMas extends revolver to 2026 as part of debt refinancing

Chicago, March 30 – TriMas Corp. has again extended its $300 million revolving credit facility, extending the credit agreement to March 2026, according to a press release.

The interest rate remains the same at Libor plus 150 basis points.

The facility was expiring in 2022.

TriMas also closed an offer for $400 million of 4 1/8% senior notes due 2029 on Tuesday.

TriMas is a Bloomfield Hills, Mich.-based diversified manufacturer of engineered and applied products.

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