Lifetime Brands


Situation Overview

CMA successfully raised a $165 million of five-year credit facility for the Company, consisting of a $125 million ABL and a $40 million Second Lien Term Facility to retire the Company’s outstanding Convertible Senior Notes. J.P. Morgan Securities Inc. served as the sole lead arranger and lead investor for the ABL, and Citigroup Global Markets Inc. provided the $40 million Second Lien Term Facility.

Transaction completed by Carl Marks Securities LLC

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