On October 2, 2025, Alliance Entertainment Holding Corporation announced the closing of a new five‑year, $120 million senior secured revolving credit facility with Bank of America. The facility replaces the company’s previous asset‑based lending arrangement and is intended to provide enhanced financial flexibility for operations, growth initiatives, and working‑capital needs. Borrowings under the facility will be subject to customary fees and covenants, with further details to be disclosed in a current report on Form 8‑K.
The new credit line strengthens Alliance’s balance sheet and supports the company’s strategy of scaling its distribution and fulfillment capabilities. By replacing the older asset‑based loan, Alliance gains a more flexible source of liquidity that can be drawn upon as needed to fund expansion, invest in automation, and support its high‑margin direct‑to‑consumer fulfillment model. The facility is expected to underpin the company’s next phase of disciplined, profitable growth.
"This new facility with Bank of America strengthens our balance sheet and provides the flexibility to continue executing our strategy," said Bruce Ogilvie, Executive Chairman. Amanda Gnecco, Chief Financial Officer, added, "We believe this agreement reflects Bank of America's confidence in our model and the progress we’ve made improving margins. With this facility in place, we have the liquidity to continue advancing our long‑term growth initiatives while maintaining the capital discipline that has driven our recent performance." Jeff Walker, Chief Executive Officer, thanked the previous provider, White Oak Commercial Finance, for its support over the past 21 months, noting that the new arrangement will fortify the foundation for continued success.
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