Regal Rexnord Secures Amended Credit Agreement with JPMorgan and Lenders
Regal Rexnord Corporation has entered into a Third Amended and Restated Credit Agreement with a syndicate of financial institutions, with JPMorgan Chase Bank, N.A. serving as administrative agent. The new agreement, dated November 21, 2025, replaces the company's previous credit agreement from March 28, 2022. The financing will be used to refinance existing facilities, cover fees and expenses, and support working capital, capital expenditures, and general corporate purposes. Additionally, a Delayed Draw Term Loan Facility will be utilized to refinance the company's 6.050% Senior Notes due 2026. The agreement includes financial covenants, such as maintaining a minimum interest coverage ratio, and imposes certain restrictions on Regal Rexnord and its subsidiaries regarding additional debt, asset liens, mergers, or major asset sales. Obligations under the agreement are guaranteed by subsidiary guarantors.
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