Fundraise May 2025 · Richardson, Texas Verified
Lennox International Amends and Restates Revolving Credit Facility
Lennox International Inc. entered into an Amended and Restated Credit Agreement, decreasing its total revolving commitments from $1.1 billion to $1.0 billion and extending the maturity date from July 2026 to May 2030. The agreement includes an option to increase commitments by up to $350 million.
“On May 9, 2025, Lennox International Inc. (the “Company”) entered into an Amendment and Restatement Agreement (the “Amended Credit Agreement”), by and among the Company, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto, which amended and restated the Company’s existing unsecured revolving credit facility to, among other things, (i) decrease the total revolving commitments from $1.1 billion to $1 billion, with an option to increase the revolving commitments by up to $350 million at the request of the Company, subject to the terms and conditions of the Amended Credit Agreement, and (ii) extend the maturity date of the revolving commitments from July 2026 to May 2030.”
Entities
Lennox International · Sponsor JPMorgan Chase Bank, N.A. · Lender
HVAC Sentiment: Neutral
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