European Wax Center Raises $400M Via Securitized Financing
European Wax Center Inc (NASDAQ:EWCZ) has priced $400 million of fixed-rate senior secured notes with a fixed interest rate of 5.50% per annum, payable quarterly. The anticipated repayment term is five years. The notes will be issued by a newly-formed, limited-purpose, bankruptcy-remote indirect subsidiary of European Wax Center, EWC Master…
Benzinga ·
Benzinga
