Brady amends $200M credit facility to replace LIBOR benchmarks with SONIA, EURIBOR, TIBOR

BRADY CORP

Amendment dated Dec 21, 2021, with BMO Harris and other lenders.
Changes interest rate for Sterling borrowings from LIBOR to daily simple SONIA.
Euro borrowings move to EURIBOR; Japanese Yen to TIBOR rate.
Provides mechanics for transition away from USD LIBOR to a replacement benchmark.
No change to $200M aggregate revolving commitment or other material terms.

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