On May 15, 2025, Ralliant Corporation, a wholly-owned subsidiary of Fortive Corporation, entered into a significant credit agreement with a syndicate of banks. This agreement includes a three-year, $700 million senior unsecured delayed draw term loan facility and an eighteen-month, $600 million senior unsecured delayed draw term loan facility, collectively referred to as the Term Loans. Additionally, a three-year, $750 million senior unsecured multi-currency revolving credit facility was established, which incorporates a $25 million sublimit for swingline loans and a $75 million sublimit for letters of credit. The Credit Facilities aim to support Ralliant's operations post its separation from Fortive, with the Term Loans partly funding a cash distribution to Fortive for transferring its Precision Technologies segment to Ralliant. The agreement also permits loan expansions of up to an aggregate additional $500 million, subject to certain conditions. Ralliant is required to maintain a Consolidated Net Leverage Ratio of 3.50 to 1.00, with potential adjustments allowed for significant acquisitions.