Pentair increases term loan facility by $400M to $1.0B for Manitowoc Ice acquisition

PENTAIR plc

Pentair Finance increased term loan facility from $600M to $1.0B via Amendment No. 1, dated June 30, 2022.
No loans outstanding as of July 1; full $1.0B intended to be borrowed to finance part of Manitowoc Ice purchase price and fees.
Availability subject to conditions including closing of Manitowoc Ice acquisition (purchase price $1.6B) and no material adverse effect.
Facility is a five-year senior unsecured term loan; Pentair plc is guarantor.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.