Turtle Beach Amends Credit Agreement to Adjust Fixed Charge Coverage Ratio

Reuters
2025.12.30 21:55
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Turtle Beach Corporation has amended its credit agreement with Bank of America and other lenders, allowing it to exclude up to $10 million of restricted payments from its Consolidated Fixed Charge Coverage Ratio for the trailing twelve-month periods ending March 31, 2026, and June 30, 2026. All other terms of the original agreement remain unchanged.