debt
confidence high
sentiment neutral
materiality 0.60
INNOVATE extends revolving credit facility maturity to Aug 1, 2025
INNOVATE Corp.
- Sixth Amendment to Credit Agreement dated March 13, 2020, with MSD PCOF Partners IX, LLC as lender.
- Borrower: INNOVATE Corp.; guarantors: INNOVATE 2 Corp. and DBM Global Intermediate Holdco Inc.
- Maturity of senior secured revolving credit facility extended to August 1, 2025.
- No changes to principal amount, interest rate, or other material terms disclosed.