Blue Bird Secures $600 Million Facilities to 2031; Micro Bird Gets C$35 Million Line
Blue Bird Corp. amended its credit facilities, increasing total capacity to $600 million and extending maturities to 2031. The revised terms include a $300 million revolving credit facility and a $300 million delayed draw term loan, with reduced pricing and enhanced covenant flexibility. Additionally, its Micro Bird subsidiaries secured a C$35 million line of credit with TD Bank, backed by a $30 million letter of credit from Bank of Montreal.


