Financing ·
Superior Group of Companies entered into an Amended and Restated Credit Agreement on August 7, 2026, establishing $125…
SGCSuperior Group of Companies, Inc.
Superior Group of Companies entered into an Amended and Restated Credit Agreement on August 7, 2026, establishing $125 million in revolving credit facilities and a $75 million term loan. The company used proceeds to refinance existing indebtedness totaling approximately $85.25 million under the original agreement, which was terminated without penalty. This transaction extends the debt maturity from August 2027 to August 2031 while retaining an option for up to $75 million in incremental capacity. The facilities carry a five-year term with interest rates based on SOFR plus a margin of 1.125% to 2.125%. Superior Group of Companies operates in the healthcare apparel, branded products, and contact center industries.