Alliance Entertainment Announces New 5-Year $120 Million Credit Facility with Bank of America
Alliance Entertainment (Nasdaq: AENT) has secured a new $120 million senior secured revolving credit facility with Bank of America, replacing its previous ABL facility. The five-year agreement features improved terms, including interest rates of SOFR plus 150 basis points through March 2026, and thereafter at SOFR plus 162.5 basis points, reducing borrowing costs by up to 250 basis points.
At closing on October 1, 2025, the loan balance stood at $68.5 million with $51.5 million in undrawn availability. The facility will support Alliance's operations, growth initiatives, and working capital needs. The company serves over 35,000 retail and e-commerce storefronts with more than 340,000 unique SKUs across entertainment and pop culture collectibles.
Alliance Entertainment (Nasdaq: AENT) ha ottenuto una nuova facilità di credito rotativo senior secured da 120 milioni di dollari con Bank of America, sostituendo l’era precedente di ABL. L’accordo quinquennale prevede condizioni migliori, tra cui tassi di interesse SOFR più 150 punti base fino a marzo 2026 e, in seguito, SOFR più 162,5 punti base, riducendo i costi di indebitamento fino a 250 punti base.
Al closing del 1 ottobre 2025, il saldo del prestito ammontava a 68,5 milioni di dollari con 51,5 milioni di disponibilità non impiegata. La facility supporterà le operazioni di Alliance, le iniziative di crescita e le esigenze di capitale circolante. L’azienda serve oltre 35.000 negozi al dettaglio e di e-commerce con oltre 340.000 SKU unici nel settore intrattenimento e collezionabili di cultura pop.
Alliance Entertainment (Nasdaq: AENT) ha asegurado una nueva línea de crédito revolvente senior garantizada de 120 millones de dólares con Bank of America, reemplazando su anterior línea ABL. El acuerdo a cinco años ofrece condiciones mejoradas, incluyendo tasas de interés SOFR más 150 puntos base hasta marzo de 2026, y luego SOFR más 162,5 puntos base, reduciendo los costos de endeudamiento en hasta 250 puntos base.
Al cierre del 1 de octubre de 2025, el saldo del préstamo era de 68,5 millones de dólares con 51,5 millones de dólares disponibles no utilizados. La facility apoyará las operaciones de Alliance, las iniciativas de crecimiento y las necesidades de capital de trabajo. La empresa atiende a más de 35,000 tiendas minoristas y de comercio electrónico con más de 340,000 SKU únicos en entretenimiento y coleccionables de cultura pop.
Alliance Entertainment (Nasdaq: AENT)는 Bank of America와 함께 1억 2천만 달러 규모의 신규 고정된 우선 회전대출 facility를 확보했고, 기존 ABL 시설을 대체합니다. 5년 계약으로 2026년 3월까지 SOFR에 150bp를 더한 금리, 이후는 SOFR에 162.5bp를 더한 금리로 대출 비용을 최대 250bp까지 낮춥니다.
2025년 10월 1일 마감 시점에서 대출 잔액은 6,850만 달러였고 5,150만 달러의 미사용 가용액이 남아 있었습니다. 이 시설은 Alliance의 운영, 성장 이니셔티브 및 운전자본 필요를 지원할 것입니다. 이 회사는 엔터테인먼트 및 팝 컬처 컬렉터블 분야에서 35,000개 이상의 소매 및 전자상거래 스토어와 340,000개가 넘는 고유 SKU를 제공합니다.
Alliance Entertainment (Nasdaq : AENT) a obtenu une nouvelle facilité de crédit revolving senior garantie de 120 millions de dollars auprès de Bank of America, remplaçant l’ancienne ligne ABL. L’accord quinquennal prévoit des conditions améliorées, avec des taux d’intérêt SOFR plus 150 points de base jusqu’en mars 2026, puis SOFR plus 162,5 points de base, réduisant les coûts d’emprunt jusqu’à 250 points de base.
À la clôture du 1er octobre 2025, le solde du prêt s’élevait à 68,5 millions de dollars avec 51,5 millions de dollars de disponibilité non utilisée. Cette facilité soutiendra les opérations d’Alliance, les initiatives de croissance et les besoins en fonds de roulement. L’entreprise dessert plus de 35 000 points de vente au détail et en ligne, avec plus de 340 000 SKU uniques dans le divertissement et les objets de collection liés à la culture pop.
Alliance Entertainment (Nasdaq: AENT) hat eine neue 120 Millionen Dollar Senior Secured Revolving Credit Facility mit Bank of America gesichert und damit die vorherige ABL-Fazilität ersetzt. Die fünfjährige Vereinbarung sieht verbesserte Konditionen vor, darunter Zinssätze SOFR zuzüglich 150 Basispunkte bis März 2026 und danach SOFR zuzüglich 162,5 Basispunkte, was die Kreditkosten um bis zu 250 Basispunkte senkt.
Zum Abschluss am 1. Oktober 2025 belief sich der Darlehenssaldo auf 68,5 Millionen Dollar mit 51,5 Millionen Dollar ungedeckte Verfügbarkeit. Die Facility soll Alliance Betriebsabläufe, Wachstumsinitiativen und den Working Capital-Bedarf unterstützen. Das Unternehmen bedient mehr als 35.000 Einzelhandels- und E-Commerce-Standorte mit über 340.000 einzigartigen SKU im Bereich Unterhaltung und Popkultur-Sammelobjekte.
Alliance Entertainment (Nasdaq: AENT) حصلت على تسهيل ائتماني دوَري مضمون senior secured بقيمة مئة واثني عشر مليون دولار مع Bank of America، ليحل محل تسهيل ABL السابق. الاتفاق لمدة خمس سنوات يتضمن شروط محسّنة، بما في ذلك سعر فائدة SOFR زائد 150 نقطة أساس حتى مارس 2026، ثم SOFR زائد 162.5 نقطة أساس بعد ذلك، مما يقلل تكاليف الاقتراض حتى 250 نقطة أساس.
عند الإغلاق في 1 أكتوبر 2025، بلغ رصيد القرض 68.5 مليون دولار مع 51.5 مليون دولار من القدرة المتاحة غير المستعملة. ستدعم التسهيلة عمليات Alliance ومبادرات النمو واحتياجات رأس المال العامل. الشركة تخدم أكثر من 35,000 متجر تجزئة وتجارة إلكترونية مع أكثر من 340,000 SKU فريد في مجالات الترفيه والقطع الفنية لثقافة البوب.
Alliance Entertainment (Nasdaq: AENT) 已与美国银行银行达成一项新的1.2亿美元高级担保循环信贷额度，取代其先前的ABL额度。为期五年的协议包含改进条款，利率为SOFR加150个基点，直至2026年3月，其后为SOFR加162.5个基点，借款成本可降低多达250个基点。
于2025年10月1日完成时，贷款余额为6850万美元，未使用额度为5150万美元。该信贷额度将支持Alliance的运营、增长计划以及营运资金需求。公司为超过35,000家零售与电子商务门店提供服务，拥有超过340,000个独特SKU，涵盖娱乐与流行文化收藏品。
- New facility reduces borrowing costs by up to 250 basis points
- Significant undrawn availability of $51.5 million provides financial flexibility
- Extended 5-year term strengthens long-term financial stability
- Enhanced terms reflect bank's confidence in company's business model
- Substantial debt level with $68.5 million drawn at closing
Insights
Alliance secures improved $120M credit facility with BofA, cutting borrowing costs by up to 250 basis points and enhancing financial flexibility.
Alliance Entertainment's new
The facility's five-year term provides extended stability for Alliance's capital structure, while the
The move from White Oak Commercial Finance to Bank of America as their lending partner is noteworthy. Major banks typically impose more stringent requirements but offer better terms than alternative lenders. This transition suggests Alliance has strengthened its financial position enough to qualify for institutional bank financing, which validates management's claims of improved margins and operational efficiency. The timing also indicates the company is positioning itself for disciplined expansion while maintaining the financial flexibility to navigate industry cycles in the physical media and collectibles markets.
New agreement replaces prior ABL facility, cutting borrowing costs by up to 250 basis points
PLANTATION, Fla., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor and omnichannel fulfillment partner to the entertainment and pop culture collectibles industry, supplying more than 340,000 unique SKUs across music, video, video games, licensed merchandise, and exclusive collectibles to over 35,000 retail and e-commerce storefronts, today announced the closing of a new
Key Terms:
- Facility Size:
$120 million senior secured revolving credit facility - Term: Five years
- Interest Rate: SOFR plus 150 basis points through March 2026, and thereafter at SOFR plus 162.5 basis points
- Loan Balance:
$68.5 million at closing (October 1, 2025), with total undrawn availability at$51.5 million
Borrowings under the facility are subject to customary fees and covenants. Additional details will be included in a Current Report on Form 8-K, available on the SEC’s website and Alliance’s investor relations page.
“This new facility with Bank of America strengthens our balance sheet and provides the flexibility to continue executing our strategy,” commented Bruce Ogilvie, Executive Chairman of Alliance Entertainment. “Alliance has built category leadership in physical media and collectibles by focusing on scale, exclusive content, and operational efficiency. This new agreement supports that momentum and positions us for the next phase of disciplined, profitable growth.”
Amanda Gnecco, Chief Financial Officer of Alliance Entertainment, stated, “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.”
“I want to thank White Oak Commercial Finance, our previous credit facility provider, for being a strong partner over the past 21 months. Their support helped us execute our strategy and fortify our foundation for continued success,” added Jeff Walker, Chief Executive Officer of Alliance Entertainment.
About Alliance Entertainment
Alliance Entertainment (NASDAQ: AENT) is a premier distributor and fulfillment partner for the entertainment and pop culture collectibles industry. With more than 340,000 unique in-stock SKUs — including over 57,300 exclusive titles across compact discs, vinyl LPs, DVDs, Blu-rays, and video games — Alliance offers the largest selection of physical media in the market. Our vast catalog also includes licensed merchandise, toys, retro gaming products, and collectibles, serving over 35,000 retail locations and powering e-commerce fulfillment for leading retailers. The company’s growing collectibles portfolio includes Handmade by Robots™, a stylized vinyl figure line featuring licensed characters from leading entertainment franchises. Leveraging decades of operational expertise, exclusive licensing partnerships, and a capital-light, scalable infrastructure, Alliance is a trusted partner to the world’s top entertainment brands and retailers. Our omnichannel platform connects collectors and fans to the products, franchises, and experiences they love — across formats and generations. For more information, visit www.aent.com.
Forward Looking Statements
Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of risks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws or regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services; Alliance’s reliance on a concentration of suppliers for its products and services; increases in Alliance’s costs, disruption of supply, or shortage of products and materials; Alliance’s dependence on a concentration of customers, and failure to add new customers or expand sales to Alliance’s existing customers; increased Alliance inventory and risk of obsolescence; Alliance’s significant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent access to sources of liquidity; risks that a breach of the revolving credit facility could result in the lender declaring a default and that the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse consequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention and the additional costs and demands on Alliance’s resources; Alliance’s business being adversely affected by increased inflation, uncertainty regarding tariffs, higher interest rates and other adverse economic, business, and/or competitive factors; geopolitical risk and changes in applicable laws or regulations; as well as our financial condition and results of operations; substantial regulations, which are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which could harm Alliance’s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims; availability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal controls.
For investor inquiries, please contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
AENT@redchip.com
FAQ
What are the key terms of AENT's new credit facility with Bank of America?
How much has Alliance Entertainment (AENT) reduced its borrowing costs?
What is the current loan balance and available credit for AENT?
How will the new credit facility benefit Alliance Entertainment's operations?
How many retail partners does Alliance Entertainment serve?
