Krispy Kreme to repurchase $50 million in common stock
date:Jul 16, 2013
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As of July 12, the companys cash balance was approximately $55 million and unused borrowing capacity on its revolving credit facility was approximately $31 million. The amounts reflect the retirement of the $22 million remaining balance of the companys term loan and the refinancing of its secured credit facilities.

On July 12, Krispy Kreme refinanced its secured credit facilities, including retiring in full the $22 million balance of its term loan and increasing the size of its revolving cre
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