Fundraise May 2025 · Tulsa, Oklahoma Verified
AAON Increases Revolving Credit Facility to $500 Million
AAON, Inc. and its subsidiaries amended their loan agreement to increase the revolving commitment from $200 million to $500 million and extended the maturity date to May 27, 2030. The existing term loan will be paid off as part of the amendment.
“The Amended Loan Agreement increases the revolving commitment from $200.0 million to $500.0 million. The existing term loan under the agreement will be paid off as part of the Amended Loan Agreement. The new maturity date of the Amended Loan Agreement is May 27, 2030.”
Entities
AAON, Inc. · Sponsor AAON Coil Products, Inc. · Subsidiary Associated Bank, National Association · Lender BASX, Inc. · Subsidiary BOKF, NA dba Bank of Oklahoma · Lender Bank of America, National Association · Lender U.S. Bank, National Association · Lender Wells Fargo Bank, National Association · Lender
HVAC Sentiment: Neutral
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