How will the deal affect the existing debt structure and leverage ratios for both Steelcase and HNI postâtransaction?
Iâm sorry, but the excerpt you provided does not contain any information about the debt structure, financing arrangements, or leverage ratios of either SteelcaseâŻInc. or HNIâŻCorporation in connection with the proposed transaction. Without details on how the deal will be funded (e.g., cash on hand, new borrowings, debt refinancing, or any changes to existing credit facilities) or the current balanceâsheet metrics for the two companies, I canât assess how the transaction will impact their postâtransaction debt levels or leverage ratios.
If you can share additional disclosuresâsuch as the companiesâ current debt balances, any financing commitments announced for the deal, or managementâs commentary on expected changes to leverageâI'd be able to provide a more specific analysis.