Suja Life Refinances Credit Agreement, Cuts Borrowing Spread to SOFR +1.75%–2.25%
SUJA sits 34% above its 52-week low of $5.59.
Summary
Suja Life refinanced its credit agreement with JPMorgan, cutting its borrowing spread to SOFR plus 1.75%–2.25% and expecting 2026 interest expense to improve to $18.0 million.
Key Events · Financing and Capital Events · SUJA
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Credit Agreement Refinanced
Suja Life amended and restated its 2021 credit agreement with JPMorgan, reducing the borrowing spread to SOFR plus 1.75%–2.25% based on consolidated net leverage ratio.
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Interest Expense Guidance Improved
The company expects 2026 total interest expense to improve to $18.0 million as a result of the refinancing, down from prior levels.
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No Additional Debt Incurred
The refinancing does not add new debt; it only reduces the cost of carrying existing debt, preserving cash flow.
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Financial Covenants Set
The agreement includes a maximum consolidated net leverage ratio of 4.00x stepping down to 3.50x, and a minimum interest coverage ratio of 3.00x.
Analysis · SUJA · Manufacturing
Suja Life amended and restated its 2021 credit agreement with JPMorgan, reducing its borrowing spread to SOFR plus 1.75%–2.25% based on leverage. The company expects 2026 total interest expense to improve to $18.0 million. This lowers the cost of capital without adding new debt, freeing up cash flow. The full agreement also sets financial covenants: a maximum consolidated net leverage ratio of 4.00x stepping down to 3.50x, and a minimum interest coverage ratio of 3.00x. The refinancing follows the company's IPO in May 2026 and comes amid a securities litigation investigation announced August 14, 2026.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1605 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SUJA was trading at $7.50 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $289.7M. The 52-week trading range was $5.59 to $18.48. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.