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Turtle Beach Corporation Restructures Credit Facilities to Enhance Capital Return Flexibility
Globenewswire· 2026-05-04 21:00
New Structure Designed to Expand Share Repurchase Capacity Under $75 Million AuthorizationSAN DIEGO, May 04, 2026 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH, the “Company”), a leading gaming accessories brand, today announced the closing of a restructured credit facility designed to provide expanded financial flexibility and accelerate the Company's capital return program. The new credit structure consists of a revolving asset-based lending ("ABL") facility of up to $80 million provided by B ...