Forum Energy Technologies Extends $250 Million Credit Facility to 2031

Reuters

02/05

<a href="https://laohu8.com/S/FET">Forum Energy Technologies</a> Extends $250 Million Credit Facility to 2031

Forum Energy Technologies Inc. (FET) has announced an amendment to its senior secured asset-based lending credit facility, extending the maturity to February 2031. The $250 million facility, arranged with Wells Fargo Bank, JPMorgan Chase Bank, and Bank of America, also increases the allowable letters of credit to $110 million and adjusts interest rates to an excess availability-based structure with improved pricing. The amendment is intended to provide FET with greater financial flexibility for strategic initiatives, including long-term debt retirement, investments, and acquisitions.

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. Forum Energy Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260204197368) on February 04, 2026, and is solely responsible for the information contained therein.

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(FET) has announced an amendment to its senior secured asset-based lending credit facility, extending the maturity to February 2031. The $250 million facility, arranged with <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> Bank, JPMorgan Chase Bank, and Bank of America, also increases the allowable letters of credit to $110 million and adjusts interest rates to an excess availability-based structure with improved pricing. The amendment is intended to provide FET with greater financial flexibility for strategic initiatives, including long-term debt retirement, investments, and acquisitions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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(FET) has announced an amendment to its senior secured asset-based lending credit facility, extending the maturity to February 2031. The $250 million facility, arranged with <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> Bank, JPMorgan Chase Bank, and Bank of America, also increases the allowable letters of credit to $110 million and adjusts interest rates to an excess availability-based structure with improved pricing. The amendment is intended to provide FET with greater financial flexibility for strategic initiatives, including long-term debt retirement, investments, and acquisitions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>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. Forum Energy Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260204197368) on February 04, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4533","symbol_name":"AQR资本管理(全球第二大对冲基金)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260204:nNDL8rQJTd:1","article_id":"2609191233","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609191233","pubTimestamp":1770243555,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Forum Energy Technologies Inc.  has announced an amendment to its senior secured asset-based lending credit facility, extending the maturity to February 2031. The $250 million facility, arranged with Wells Fargo Bank, JPMorgan Chase Bank, and Bank of America, also increases the allowable letters of credit to $110 million and adjusts interest rates to an excess availability-based structure with improved pricing. The amendment is intended to provide FET with greater financial flexibility for strategic initiatives, including long-term debt retirement, investments, and acquisitions.Disclaimer: This news brief was created by Public Technologies  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. 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(FET) has announced an amendment to its senior secured asset-based lending credit facility, extending the maturity to February 2031. The $250 million facility, arranged with Wells Fargo Bank, JPMorgan Chase Bank, and Bank of America, also increases the allowable letters of credit to $110 million and adjusts interest rates to an excess availability-based structure with improved pricing. The amendment is intended to provide FET with greater financial flexibility for strategic initiatives, including long-term debt retirement, investments, and acquisitions.\n      \n\n\nDisclaimer: 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. Forum Energy Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260204197368) on February 04, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}