Suja Life Cuts Borrowing Costs via Amended JPMorgan Credit Agreement
Suja Life has renegotiated its credit agreement with JPMorgan to lower borrowing costs and enhance financial flexibility. The amended agreement, effective August 20, 2026, features a floating interest rate tied to the Term SOFR rate plus 1.75%, 2.00%, or 2.25% per annum, depending on the company's consolidated net leverage ratio.
The revised credit facility is designed to reduce Suja Life's interest expense and improve its financing options. JPMorgan serves as the administrative agent, with a syndicate of lenders participating in the agreement.
By adjusting the borrowing costs, Suja Life aims to optimize its financial position and make more informed decisions about its operations.