Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
REGAL REXNORD CORP amended credit facility of $600,000,000 with JPMorgan Chase Bank, N.A..
- Instrument
- credit facility
- Principal
- $600,000,000
- Counterparty
- JPMorgan Chase Bank, N.A.
- Event
- amendment
Exact text from the filing
establishes incremental term loan commitments of $600,000,000 (the “Incremental Term Loan Commitments”), to be funded in connection with the closing of the Proposed Transaction, which upon funding will be the same class of term A-1 loans as under the Credit Agreement; (iii) provides an increase of $500,000,000 in the aggregate principal amount of the revolving commitments under the Credit Agreement upon consummation of the Proposed Transaction
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
REGAL REXNORD CORP amended First Amendment with the Company's lenders under the Credit Agreement, with JPMorgan Chase Bank, N.A. as administrative agent (effective 2022-11-17).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- the Company's lenders under the Credit Agreement, with JPMorgan Chase Bank, N.A. as administrative agent
- Effective
- 2022-11-17
Exact text from the filing
On November 17, 2022, Regal Rexnord Corporation (the “Company”) and Land Newco, Inc. entered into an amendment (the “First Amendment”) with the Company’s lenders under the Second Amended and Restated Credit Agreement, dated as of March 28, 2022 (as amended, the “Credit Agreement”), among the Company, various subsidiaries of the Company from time to time party thereto, the financial institutions from time to time party thereto as lenders and JPMorgan Chase Bank, N.A., as administrative agent.
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