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AirBoss of America Corp. announced on September 24, 2026 the renewal and amendment of its existing senior secured credit facilities, extending its financing runway to September 24, 2031. The amended facilities consist of a revolving asset-based lending facility agented by The Toronto-Dominion Bank and a non-revolving term loan facility provided by Great Rock Capital Partners, LLC. According to the source firm description, the asset-based revolving facility carries commitments of US$125 million provided by a syndicate of banks led by The Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, and the term loan facility totals US$50 million. The existing split-collateral structure between the two lender groups remains substantially unchanged. The company stated that the amendment provides improved pricing, reduced borrowing costs and a revised covenant package with increased flexibility for acquisitions and other transactions. The facilities being amended were originally established in December 2024, when AirBoss replaced its prior senior secured revolving credit with an aggregate financing package. AirBoss is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products, operating through its AirBoss Rubber Solutions and AirBoss Manufactured Products divisions, the latter including its AirBoss Defense operations. Founded in 1989, the company trades on the Toronto Stock Exchange under the symbol BOS and on the OTCQX under ABSSF.
Parties
Company
AirBoss of America Corp.
Bank
The Toronto-Dominion Bank
Deal Type
Financing/InvestmentIndustry
OtherTransaction
$ 248,297,875Deal Status
ClosedClosing Date
24 September 2026