debt
confidence high
sentiment positive
materiality 0.30
Teledyne removes 0.10% SOFR adjustment from credit facility
TELEDYNE TECHNOLOGIES INC
- First Amendment to Second Amended and Restated Credit Agreement effective Feb 25, 2026.
- Eliminates the 10 basis point SOFR adjustment previously applied to floating-rate loans.
- All lenders, including Bank of America, JPMorgan, and others, consented to the amendment.
- No material adverse effect; all representations and warranties reaffirmed.