ASGN Incorporated has entered into a significant financial agreement by amending its existing Third Amended and Restated Credit Agreement. On July 31, 2025, ASGN secured a Second Amendment that introduces an Incremental Term A Loan facility, amounting to $100 million. This amendment, executed with Wells Fargo Bank and other lenders, enhances ASGN's financial flexibility. The funds, borrowed in full on the effective date, are set to improve liquidity, allowing for strategic investments, acquisitions, and share buybacks. The loans bear interest based on the company's leverage ratio and are secured by most of ASGN's assets. The maturity date for these loans is set for February 14, 2028.
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