Federated Hermes enters $350M credit facility, replaces $375M prior facility

FEDERATED HERMES, INC.

New $350M unsecured revolver (down from $375M) with $200M accordion; matures July 30, 2026.
$60M outstanding at signing; interest rate projected ~1.22% for Q3 2021 (LIBOR + spread).
Includes sustainability adjustment provisions tied to ESG performance targets.
Previous $375M facility was due June 2022; new agreement extends maturity by ~4 years.

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