Interest Coverage Ratio
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Helen of Troy Amends Existing Credit Agreement
On November 25, 2025, Helen of Troy Limited (NASDAQ: HELE) announced an amendment to its credit facility, initially established on February 15, 2024. The amendment enhances financial flexibility through a temporary relaxation of the maximum Leverage Ratio and a shift to EBITDA for the Interest Coverage Ratio. The revolving credit facility was reduced from $1.0 billion to $750 million. CFO Brian L. Grass highlighted the favorable terms and strengthened lender relationship. The amendment aims to provide resources amid market challenges.
