Alliance Entertainment Announces Closing of New 3-Year $120 Million Senior Secured Credit Facility

December 21, 2023

https://www.globenewswire.com/news-release/2023/12/21/2800382/0/en/Alliance-Entertainment-Announces-Closing-of-New-3-Year-120-Million-Senior-Secured-Credit-Facility.html

PLANTATION, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq:AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced the closing of a new 3-year $120 million senior secured asset based credit facility with White Oak Commercial Finance, LLC. This credit facility replaces the Company’s revolver with Bank of America.

Read more at globenewswire.com

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