Lifetime brands, inc. announces launch of an amendment and extension of the company's existing term loan b and preliminary results for third quarter 2023

Garden city, n.y., oct. 25, 2023 (globe newswire) -- lifetime brands, inc. (nasdaqgs: lcut), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, announced plans today to launch an amendment & extension of the company's existing term loan b facility due 2025 through an extended maturity of august 2027. the transaction will be approximately net leverage neutral on a pro-forma basis.
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