ASGN closes $100M incremental term loan facility under existing credit agreement

Everforth Inc

Borrowed $100M in Incremental Term A Loans on July 31, 2025; maturity February 14, 2028.
Interest at base rate plus 0.50%-1.50% or SOFR plus 1.50%-2.50% based on secured leverage ratio.
Quarterly amortization: $625K for first four quarters, then $1.25M; secured by substantially all assets.
Proceeds enhance financial flexibility for organic investments, acquisitions, and share repurchases.
Covenant requires consolidated secured leverage ratio not greater than 3.75:1.00.

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