debt
confidence high
sentiment neutral
materiality 0.50
Maximus adds $250M Tranche A-1 Term Loans to existing credit facility
MAXIMUS, INC.
- New Tranche A-1 Term Loans of $250M aggregate principal, same terms as existing term A loans.
- Proceeds to repay revolving loans, repurchase capital stock, and pay fees/expenses.
- Amendment dated March 20, 2025 to the May 30, 2024 Amended and Restated Credit Agreement.
- Lenders include JPMorgan Chase, Bank of America, Truist, U.S. Bank, and Wells Fargo.