Financing ·
On August 20, 2026, Latham Group, Inc. entered into a new Credit Agreement to replace its existing debt facility with…
SWIMLatham Group, Inc.
On August 20, 2026, Latham Group, Inc. entered into a new Credit Agreement to replace its existing debt facility with Barclays Bank PLC. The agreement establishes a $75 million senior secured revolving credit facility maturing in 2031 and a $300 million senior secured term loan facility maturing in 2033. Proceeds were used to repay outstanding obligations under the prior February 2022 agreement. The new facilities are secured by substantially all assets of Latham Pool Products, Inc. and its guarantors, with interest rates tied to SOFR or prime plus margins ranging from 2.25% to 4.00%. This significant refinancing alters the company's capital structure and debt maturity profile. Latham Group, Inc. manufactures and distributes swimming pool equipment and accessories.