LINDSAY CORP (LNN): debt financing — Lindsay extends $50M credit facility maturity to 2030; gains rights to reduce facility

LINDSAY CORP

Termination date extended from Aug 26, 2026 to Aug 26, 2030.
Company may terminate or reduce the $50M facility without premium/penalty (min $10M reduction, max 2 times).
Unused commitment fee now based on leverage ratio pricing grid.
Note: $50M unsecured revolving credit facility with Wells Fargo.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

LINDSAY CORP amended revolving credit with Wells Fargo Bank, National Association maturing August 26, 2030.

Instrument: revolving credit
Counterparty: Wells Fargo Bank, National Association
Maturity: August 26, 2030
Event: amendment

Exact text from the filing

The Fourth Credit Amendment, among other things, (i) extends the termination date of the unsecured revolving credit facility from August 26, 2026 to August 26, 2030

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

LINDSAY CORP amended loan with Wells Fargo Bank, National Association maturing August 26, 2030.

Instrument: loan
Counterparty: Wells Fargo Bank, National Association
Maturity: August 26, 2030
Event: amendment

Exact text from the filing

On August 26, 2025, the Company and the Bank entered into the First Modification to the Line of Credit Note to similarly extend the maturity date of the Line of Credit Note from August 26, 2026 to August 26, 2030.

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LINDSAY CORP filing history →

Source: SEC EDGAR

accession 0000836157-25-000003

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