REGAL REXNORD CORP (RRX): debt financing — Regal Rexnord enters $2.35B credit facilities; refinances 2026 Senior Notes

REGAL REXNORD CORP

Third Amended and Restated Credit Agreement dated Nov 21, 2025 includes $850M delayed draw term loan (due Feb 2029) and $1.5B revolving facility (due Nov 2030).
Proceeds used to refinance existing credit agreement and the 6.050% Senior Notes due 2026.
Leverage covenant max 4.00x initially, then 3.75x; can step up to 4.25x after large acquisitions; interest coverage minimum 3.00x.
SOFR-based interest rate with margin spread adjusted quarterly based on funded debt-to-EBITDA ratio.
JPMorgan Chase Bank acts as administrative agent; multiple co-syndication and co-documentation agents.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.7

REGAL REXNORD CORP amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus a margin spread maturing February 21, 2029.

Instrument: credit facility
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
Rate: SOFR plus a margin spread
Maturity: February 21, 2029
Event: amendment

Exact text from the filing

The Amended and Restated Credit Agreement amends and restates in its entirety the Second Amended and Restated Credit Agreement, dated as of March 28, 2022

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

REGAL REXNORD CORP incurred revolving credit of up to $1,500,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus a margin spread maturing November 21, 2030.

Instrument: revolving credit
Principal: up to $1,500,000,000
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
Rate: SOFR plus a margin spread
Maturity: November 21, 2030
Event: incurrence

Exact text from the filing

(ii) an unsecured revolving line of credit in Dollars or various other currencies in an aggregate principal amount of up to $1,500,000,000, maturing on November 21, 2030

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

REGAL REXNORD CORP incurred credit facility of up to $850,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus a margin spread maturing February 21, 2029.

Instrument: credit facility
Principal: up to $850,000,000
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
Rate: SOFR plus a margin spread
Maturity: February 21, 2029
Event: incurrence

Exact text from the filing

The credit facilities extended under the Amended and Restated Credit Agreement shall consist of (i) an unsecured Delayed Draw Term Loan in an aggregate principal amount of up to $850,000,000, maturing on February 21, 2029

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10 debt financings filed in the last 30 days. Browse all debt financings →

REGAL REXNORD CORP filing history →

Source: SEC EDGAR

accession 0000082811-25-000220

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