Westrock Completes $600 Million Refinancing With New Credit Facilities

Westrock Coffee Company completed a $600 million Beverage Solutions credit agreement on Oct. 21, replacing prior facilities totaling $425 million.

The package includes a $300 million term loan and a $300 million revolving facility. It is scheduled to mature Oct. 21, 2031, subject to a springing maturity in certain circumstances.

At closing, Westrock had about $270 million in liquidity: $40 million in unrestricted cash and $230 million in undrawn revolver commitments. Lender commitments for the $600 million facilities totaled $737 million.

Scott T. Ford, co-founder and chief executive officer, called the refinancing “a vote of confidence in Westrock Coffee’s platform and our long-term strategy.”