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Other Sep 2015 Verified

SPX Corporation Terminates December 2013 Credit Agreement

In connection with the spin-off and new financing, SPX Corporation terminated its existing $2.075 billion senior secured credit agreement dated December 23, 2013, upon repayment of outstanding indebtedness.

“The December 2013 Credit Agreement terminated on September 24, 2015 upon the repayment of such indebtedness.”

Entities

SPX Corporation · Parent
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.