Blue Bird Closes $600M Credit Facility Refinancing Through 2031

Key Facts

1Blue Bird Corporation closed a new $600 million senior secured credit facility, replacing its existing $250 million facilities.

2The maturity of the credit facilities was extended from November 2028 to September 2031.

Blue Bird Corporation closed a new $600 million senior secured credit facility, replacing its existing $250 million facilities. The company said in a statement via Business Wire that the refinancing aims to strengthen its balance sheet and provide more liquidity for its low and zero-emission school bus operations.

The maturity of the credit facilities was extended from November 2028 to September 2031 as part of the new agreement. Regarding market performance, BLBD closed at $57.03 on October 5, 2026, having traded between a day high of $57.46 and a day low of $55.76.