Helen of Troy Limited amends credit agreement, enhances financial flexibility.

Helen of Troy Limited has amended its existing credit facility to enhance financial flexibility. The amendment extends the holiday for the maximum leverage ratio, modifies the interest coverage ratio to use EBITDA instead of EBIT, reduces the revolving credit facility commitment from $1 billion to $750 million, and introduces an additional interest margin tier for a net leverage ratio of 4 times or greater. This move aims to improve the company's financial position and flexibility.