Hayward Industries, Inc., a Subsidiary of Hayward Holdings, Enters Fifth Amendment to Extend Credit Facility

Reuters
06-20
Hayward Industries, Inc., a Subsidiary of Hayward Holdings, Enters Fifth Amendment to Extend Credit Facility

Hayward Pool Products Canada, Inc., a Canadian subsidiary of Hayward Holdings Inc., has recently been involved in a significant update to its financial agreements. On June 18, 2025, the company, alongside its parent company and other subsidiaries, entered into the Fifth Amendment of the ABL Credit Agreement. This amendment, involving Bank of America and other financial institutions, extends the maturity date of the revolving facility to February 25, 2028. Additionally, it removes the 10 basis points credit spread adjustment for Secured Overnight Financing Rate borrowings and eliminates the first-in, last-out subfacility. This move aims to optimize the financial structure and flexibility of Hayward's subsidiaries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hayward Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001834622-25-000096), on June 20, 2025, and is solely responsible for the information contained therein.

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