On December 2, 2024, AirBoss of America Corp. announced that it has entered into new senior secured credit facilities consisting of aggregate financing of up to US$180 million, which are replacing its current senior secured revolving credit facilities.

The new credit facilities consist of a revolving asset-based credit facility co-arranged by The Toronto-Dominion Bank and Canadian Imperial Bank of Commerce and a non-revolving term loan facility provided by Great Rock Capital Partners, LLC.

The maturity date under both facilities is November 29, 2027.

Legal counsel was provided by Aird & Berlis LLP and Davies Ward Phillips & Vineberg LLP.