SLR Credit Solutions Agents Senior Credit Facility for Stella & Chewy's
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SLR Credit Solutions has closed a $75 million senior credit facility for Stella & Chewy's, consisting of a revolver and term loan. The proceeds will be used to refinance existing debt for the raw pet food company, which offers premium pet nutrition products through various retail channels.
March 26, 2025 | 11:15 am
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NEUTRAL IMPACT
While Stella & Chewy's is not directly publicly traded, the news might indirectly impact Chewy (CHWY) as a key player in the pet supply ecosystem.
The credit facility suggests financial stability for a pet food brand, which could have peripheral positive implications for pet retail stocks like Chewy.
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RELEVANCE 50