Ozark gets $375 million term loan commitment to buy Whole Earth

By Marisa Wong

Los Angeles, Feb. 13 – Ozark Holdings, LLC entered into a debt commitment letter on Feb. 11 with Silver Point Finance, LLC and Fortress Credit Corp. for a $375 million incremental term loan facility, according to an 8-K filing with the Securities and Exchange Commission.

The incremental term loan will be provided at or prior to the closing of Ozark’s acquisition of Whole Earth Brands, Inc., subject to some customary conditions.

The transaction is expected to close in the second quarter of 2024, according to a press release.

Whole Earth is a Chicago-based food company specializing in plant-based sweeteners, flavor enhancers and other foods that promote health and wellness. Investment holding company Ozark is an affiliate of Miami-based Sababa Holdings FREE, LLC and intends to do business as Sweet Oak going forward.

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