Smart Balance Amends Credit Facility in Significantly Oversubscribed Transaction

Smart Balance, Inc. SMBL announced today that GFA Brands, Inc., a wholly owned subsidiary, successfully closed an amended and upsized credit agreement, in a transaction that was significantly oversubscribed by the banking community. The new $150 million secured credit facility replaces the previous $100 million secured facility and carries lower interest rates and less restrictive financial covenants, while also enhancing the Company's financial flexibility moving forward.
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