Valmont Industries Secures $800 Million Unsecured Revolving Credit Facility with Extended Maturity to 2030

Reuters
07-11
Valmont Industries Secures $800 Million Unsecured Revolving Credit Facility with Extended Maturity to 2030

Valmont Industries Inc. has entered into a Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., and other lenders, providing for an $800 million unsecured revolving credit facility. Effective July 10, 2025, this agreement extends the maturity date to July 10, 2030, from the previous October 18, 2026. Key amendments include an increased uncommitted accordion feature from $300 million to $400 million, the elimination of a 10 basis point credit spread adjustment on SOFR-based loans, and reduced commitment fees ranging from 9 to 20 basis points. Sustainability pricing adjustments have also been altered, allowing Valmont the opportunity to propose future changes based on key performance indicators.

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. Valmont Industries 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: 0001104659-25-066993), on July 10, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10