CompoSecure, Inc. closed a comprehensive debt refinancing package on January 14, 2026 that includes $900 million of senior secured notes due 2033, a $1.2 billion term loan facility maturing in 2033, and $400 million of revolving commitments due 2031. The notes carry a fixed 5.625 % coupon, while the term loan is priced at SOFR + 2.25 %.
The proceeds were deployed to retire the company’s existing revolving credit facility, refinance its Term Loan B, and cover related transaction fees. By replacing short‑term debt with longer‑dated instruments, CompoSecure has extended its debt maturity profile and lowered its overall cost of capital, thereby improving liquidity for ongoing strategic initiatives.
The refinancing is a key financial underpinning for the recent completion of the business combination with Husky Technologies Limited, which created a diversified entity valued at approximately $7.4 billion and positioned to generate roughly 70 % recurring revenue. The new capital structure also supports the company’s rebranding to GPGI, Inc., with the new ticker expected to trade from January 23, 2026. The additional liquidity will fund integration activities and future growth projects, including expansion of the combined company’s technology platform and market reach.
Financially, the deal extends maturities by several years and reduces the weighted‑average cost of debt. Analysts note that the refinancing improves the debt‑to‑equity ratio and interest coverage, strengthening the balance sheet and potentially enhancing credit standing. The lower cost of capital also frees cash flow that can be directed toward capital expenditures and organic growth initiatives.
Market reaction has been positive. Following the announcement, analysts upgraded their outlooks and raised price targets, citing the improved margin performance and accelerated organic growth of the combined entity. JPMorgan upgraded the stock from Underweight to Neutral, highlighting the refinancing’s role in supporting the company’s strategic trajectory.
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