debt
confidence high
sentiment neutral
materiality 0.55
LPX ups credit facility to $750M, extends maturity to 2032
LOUISIANA-PACIFIC CORP
- Revolver increased from $550M to $750M; letter-of-credit sublimit raised to $75M.
- Maturity extended to March 26, 2032, from original November 2022 term.
- Interest rate set at Term SOFR plus 1.6%-2.6% or base rate plus 0.6%-1.6%.