Valmont Industries amends credit facility to $800M, extends maturity to Oct 2026

VALMONT INDUSTRIES INC

Commitments increased from $600M to $800M; accordion expanded from $200M to $300M.
Maturity extended from Oct 2022 to Oct 2026; benchmark rate switched from LIBOR to SOFR.
Added sustainability pricing adjustments: interest rates can adjust ±2.5 bps per KPI (carbon intensity & electricity usage).
Interest Coverage Ratio removed; Leverage ratio modified to deduct cash over $50M (up to $500M) from Total Indebtedness.
EBITDA definition expanded to add back non-cash stock-based compensation.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.