Spin Master Amends and Restates Credit Facility

Spin Master Corp. ("Spin Master" or the "Company") (TSX: TOY) (www.spinmaster.com), a leading global children's entertainment company, today announced that it has entered into an agreement with a syndicate of lenders to amend and restate its existing credit facility.

Under the agreement, Spin Master's existing US$510 million five-year secured credit facility was amended and restated as an unsecured five-year revolving facility of the same amount. The new maturity date of the facility is September 28, 2026.

The Company has commitments from seven financial institutions. The syndicate includes HSBC, which led the process as administrative agent, as well as RBC, TD, National Bank, BMO, CIBC, and Scotia.

Spin Master intends to draw against the facility to fund operational requirements and growth opportunities, including potential acquisitions.

"Our syndicate of banking partners continue to show strong support for Spin Master and we would like to thank them for demonstrating their confidence in our business," said Mark Segal, Executive Vice President and Chief Financial Officer. "The new facility provides us with increased financial flexibility and positions our capital structure favourably as we continue to pursue our organic and acquisition driven global growth strategy across our Toy, Entertainment and Digital Games creative centres."

About Spin Master

Spin Master Corp. (TSX:TOY) is a leading global children's entertainment company creating exceptional play experiences through a diverse portfolio of innovative toys, entertainment franchises and digital games. Spin Master is best known for award-winning brands PAW Patrol®, Bakugan®, Kinetic Sand®, Air Hogs®, Hatchimals®, Rubik's Cube® and GUND®, and is the toy licensee for other popular properties. Spin Master Entertainment creates and produces compelling multiplatform content, stories and endearing characters through its in-house studio and partnerships with outside creators, including the preschool success PAW Patrol and nine other original shows along with multiple short-form series, which are distributed in more than 190 countries. The Company has an established digital presence anchored by the Toca Boca® and Sago Mini® brands, which combined have more than 55 million monthly active users. With close to 2,000 employees in 28 offices globally, Spin Master distributes products in more than 100 countries. For more information visit spinmaster.com or follow on Instagram, Facebook and Twitter @spinmaster.