{"id":993332,"date":"2026-08-11T07:38:58","date_gmt":"2026-08-11T11:38:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/"},"modified":"2026-08-11T07:38:58","modified_gmt":"2026-08-11T11:38:58","slug":"superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/","title":{"rendered":"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities"},"content":{"rendered":"<h2>\nRefinancing extends maturity to 2031 and maintains $75 million of incremental additional capacity<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">ST. PETERSBURG, Fla., Aug.  11, 2026  (GLOBE NEWSWIRE) &#8212; Superior Group of Companies, Inc. (NASDAQ: SGC) (the \u201cCompany\u201d), today announced that it has entered into an Amended and Restated Credit Agreement with PNC Bank, National Association, as administrative agent, and a syndicate of lenders.<\/p>\n<p align=\"justify\">The amended and restated facilities consist of a $125 million revolving credit facility and a $75 million term loan, unchanged in size from the prior agreement and the Company retains the ability to request up to an additional $75 million of incremental capacity. The facilities have a five-year term, extending the Company\u2019s debt maturity from August 2027 to August 2031.<\/p>\n<p align=\"justify\">\u201cWith $200 million of committed capacity and a five-year runway, we have the flexibility to support our capital allocation strategy and pursue disciplined growth across our segments,\u201d said Michael Koempel, President and Chief Financial Officer. \u201cWe appreciate the confidence from our banking partners by extending these facilities with terms that are supportive of our growth initiatives.\u201d<\/p>\n<p align=\"justify\">Additional information regarding the Amended and Restated Credit Agreement is contained in the Company\u2019s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 11, 2026, and the full text of the agreement is filed as an exhibit thereto.<\/p>\n<p align=\"justify\">\n        <b>Disclosure Regarding Forward-Looking Statements<\/b>\n      <\/p>\n<p align=\"justify\">Certain matters discussed in this press release are \u201cforward-looking statements\u201d intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by use of the words \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cexpect,\u201d\u201canticipate,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cproject,\u201d \u201cpotential,\u201d or \u201cplan\u201d or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements in this press release include statements regarding the Company\u2019s capital allocation strategy and growth. Such forward-looking statements are subject to certain risks and uncertainties that may materially adversely affect the anticipated results. Such risks and uncertainties include, but are not limited to, the factors described in the Company\u2019s filings with the Securities and Exchange Commission (&#8220;SEC&#8221;), including those risks described in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 entitled &#8220;Risk Factors&#8221; and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements made herein and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we disclaim any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.<\/p>\n<p align=\"justify\">\n        <b>About Superior Group of Companies, Inc. (SGC):<\/b><br \/>\n        <br \/>Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large, fragmented and growing addressable markets. Across Healthcare Apparel, Branded Products and Contact Centers, each segment enables businesses to create extraordinary brand engagement experiences for their customers and employees. SGC\u2019s commitment to service, quality, advanced technology, and omnichannel commerce provides unparalleled competitive advantages. We are committed to enhancing shareholder value by continuing to pursue a combination of organic growth and strategic acquisitions. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eiq7zB0uh5ZcYVj7ntankQazRMHMSu-PxqPVK1UXFSZtsI-tETrsJUc9YHIMgBmNRFkosotExyUId8XaAyLDeB6nFh5RlmcGhczZ4Oagl_7ZOT81Eevyp4zrA64ZNrAPFjyLDBam6vwjeL5Z1V5yUQ==\" rel=\"nofollow\" target=\"_blank\">www.superiorgroupofcompanies.com<\/a>.<\/p>\n<p align=\"justify\">\n        <b>Contacts:<\/b><br \/>\n        <br \/>Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZcVNjoOaeFHAEG9ViFS9US4uH7g2KjGoc_icY83Atsz59Q80R9jaHyP9q5p8bKUiPMjvsDQug2UTEsWPr0V4Q7Vc0-aQNJ9NHXDL1tRcRR4IeiiFTL1CiPSe748BNuwXjdHEqTIFn7owLkFhGdj5oQ==\" rel=\"nofollow\" target=\"_blank\">investors@superiorgroupofcompanies.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNzYzNCM3NzY5ODg4IzIwMjg1OTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Y2IzYzk2NGYtMzRjMi00NmMwLThlNjYtZmU0NDdkZDYyZGZhLTEwMzg4NzgtMjAyNi0wOC0xMS1lbg==\/tiny\/Superior-Group-of-Companies-In.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Refinancing extends maturity to 2031 and maintains $75 million of incremental additional capacity ST. PETERSBURG, Fla., Aug. 11, 2026 (GLOBE NEWSWIRE) &#8212; Superior Group of Companies, Inc. (NASDAQ: SGC) (the \u201cCompany\u201d), today announced that it has entered into an Amended and Restated Credit Agreement with PNC Bank, National Association, as administrative agent, and a syndicate of lenders. The amended and restated facilities consist of a $125 million revolving credit facility and a $75 million term loan, unchanged in size from the prior agreement and the Company retains the ability to request up to an additional $75 million of incremental capacity. The facilities have a five-year term, extending the Company\u2019s debt maturity from August 2027 to August 2031. \u201cWith $200 million &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-993332","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Refinancing extends maturity to 2031 and maintains $75 million of incremental additional capacity ST. PETERSBURG, Fla., Aug. 11, 2026 (GLOBE NEWSWIRE) &#8212; Superior Group of Companies, Inc. (NASDAQ: SGC) (the \u201cCompany\u201d), today announced that it has entered into an Amended and Restated Credit Agreement with PNC Bank, National Association, as administrative agent, and a syndicate of lenders. The amended and restated facilities consist of a $125 million revolving credit facility and a $75 million term loan, unchanged in size from the prior agreement and the Company retains the ability to request up to an additional $75 million of incremental capacity. The facilities have a five-year term, extending the Company\u2019s debt maturity from August 2027 to August 2031. \u201cWith $200 million &hellip; Continue reading &quot;Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-11T11:38:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNzYzNCM3NzY5ODg4IzIwMjg1OTM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities\",\"datePublished\":\"2026-08-11T11:38:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\\\/\"},\"wordCount\":555,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgwNzYzNCM3NzY5ODg4IzIwMjg1OTM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\\\/\",\"name\":\"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities - 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PETERSBURG, Fla., Aug. 11, 2026 (GLOBE NEWSWIRE) &#8212; Superior Group of Companies, Inc. (NASDAQ: SGC) (the \u201cCompany\u201d), today announced that it has entered into an Amended and Restated Credit Agreement with PNC Bank, National Association, as administrative agent, and a syndicate of lenders. The amended and restated facilities consist of a $125 million revolving credit facility and a $75 million term loan, unchanged in size from the prior agreement and the Company retains the ability to request up to an additional $75 million of incremental capacity. The facilities have a five-year term, extending the Company\u2019s debt maturity from August 2027 to August 2031. \u201cWith $200 million &hellip; Continue reading \"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-11T11:38:58+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNzYzNCM3NzY5ODg4IzIwMjg1OTM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities","datePublished":"2026-08-11T11:38:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/"},"wordCount":555,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNzYzNCM3NzY5ODg4IzIwMjg1OTM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/superior-group-of-companies-amends-and-extends-200-million-senior-secured-credit-facilities\/","name":"Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities - 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