VINYL GROUP LTD.

Funko amended its credit agreement, moving the maturity date from September 17, 2026, to December 31, 2027. The amendment includes waivers and adjustments to certain covenants and a redesign of pricing terms in exchange for the extension. The company carries about $312.24 million in debt and has a current ratio of 0.66; analysts expect revenue to decline by roughly 15% in the current fiscal year. JPMorgan Chase is acting as administrative agent, Moelis & Company is advising Funko; further details are available in the Form 8-K filed with the SEC. » Más en de.investing.com