NEW YORK, July 01, 2024--Griffon Corporation (NYSE: GFF) (the "Company" or "Griffon") announced that its subsidiary, The AMES Companies, Inc., ("AMES") acquired Pope, a leading Australian provider of residential watering products, from The Toro Company (NYSE:TTC). This is AMES’s seventh acquisition in Australia since 2013, and further expands AMES’s product portfolio in the Australian market. Pope is expected to contribute approximately $25 million in annualized revenue and be accretive to Griff
Griffon, Adtalem Global, GeoPark and Virco have been highlighted in this Screen of The Week article.
NEW YORK, June 26, 2024--Griffon Corporation ("Griffon" or the "Company") (NYSE: GFF) announced today that it has completed a favorable repricing of the outstanding balance of $459 million of its Secured Term Loan B facility ("Term Loan B"), which matures in January 2029. The spread above the Secured Overnight Financing Rate ("SOFR") will be reduced by 25 basis points and the Credit Spread Adjustment ("CSA") will be removed. The repricing also reduces the applicable SOFR floor from 50 to 0 basis