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Fundraise May 2022 · Houston, Texas Verified

Comfort Systems USA Amends and Restates Senior Credit Facility, Increasing Line to $850M

Comfort Systems USA entered into an amended and restated senior credit facility on May 25, 2022, increasing its line of credit from $600 million to $850 million. The facility, arranged by Wells Fargo, includes an option to increase commitments further and permits unlimited acquisitions when net leverage is at or below 3.25x.

“the Company entered into an amended and restated senior credit facility (the “Facility”) with certain subsidiaries of the Company, as guarantors (the “Guarantors”), arranged by Wells Fargo Bank, National Association (the “Agent”) and provided by a syndicate of banks including Wells Fargo Bank, National Association and other lenders from time to time party thereto (the “Lenders”).”

Entities

Comfort Systems USA · Sponsor Wells Fargo Bank, National Association · Lender
HVAC Sentiment: Positive

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