UVV Universal Corporation

Universal Corp (UVV) recently secured a new $1.4 billion senior unsecured credit facility, expanding its previous $1.15 billion line, which significantly boosts its financial flexibility. The stock shows steady momentum with a 5-year return of 53.03% and is considered 29.3% undervalued at $55.13 against a fair value of $78, driven by investments in new value-added ingredients facilities. However, potential risks like tobacco oversupply and margin pressure in new segments could challenge this upside.

Universal Corp (UVV) has secured a new $1.4 billion credit facility, enhancing its financial flexibility and supporting future growth. Despite recent quiet growth and a solid five-year return, it appears undervalued by the market, trading at a significant discount to analyst targets. The company's investments in value-added ingredients and improved utilization suggest potential for long-term margin expansion.

This article compares Universal Corp. (UVV) and British American Tobacco (BTI) to determine which is a better value stock. Utilizing the Zacks Rank and Style Scores, the analysis suggests UVV has a more positive earnings outlook and superior valuation metrics based on P/E, PEG, and P/B ratios, earning it a better value grade.

Universal Corporation (NYSE: UVV) announced the successful refinancing of its bank credit agreement, establishing a new $1.4 billion senior unsecured credit facility. This new facility replaces the previous $1.15 billion one, increasing liquidity and financial flexibility while lowering borrowing costs. The refinancing positions Universal Corporation to advance its strategic priorities and deliver long-term value to shareholders.

Universal Corporation (NYSE: UVV) announced the successful completion of a new $1.4 billion senior unsecured credit facility, replacing its previous $1.15 billion facility. This financing, comprising a revolving credit facility and funded term loans, is expected to enhance the company's liquidity, improve financial flexibility, and lower borrowing costs. The move positions Universal to advance its strategic priorities and deliver long-term shareholder value.

Universal Corporation has entered into a new unsecured multi-bank Credit Agreement, replacing its prior syndicated facility with a five-year revolving credit facility of $780,000,000, a five-year term loan A-1 facility of $275,000,000, and a seven-year term loan A-2 facility of $345,000,000. This new agreement provides the company with significant capital for general corporate purposes, including acquisitions, investments, and working capital, while repaying existing debt. The new facility includes financial covenants related to leverage ratios and tangible net worth, with interest rates varying based on the company's leverage.