Hillenbrand, Inc.: debt financing — Hillenbrand adds €185M term loan, boosts L/C facility to €325M to fund Schenck acquisition

and, as amended by the L/G Amendment, the “Amended L/G Agreement”). The amendments effected by the L/G Amendment include, among other changes, an increase in the facility from €225,000,000 to €325,000,000 and the inclusion of requirements that would be triggered by a Collateral Springing Event, as described below. The Amended L/G Agreement requires the Company and

delayed-draw term loan facility available to the Company’s wholly owned subsidiary Hillenbrand Switzerland GmbH in an initial aggregate principal amount of up to €185,000,000 (the “New Term Loan”) and the inclusion of requirements that would be triggered by a Collateral Springing Event, as described below. The New Term Loan commitments will be

On June 22, 2023, the Company entered into an Amendment and Restatement Agreement (the “L/G Amendment”) between the Company, the subsidiary borrowers party thereto, the subsidiary guarantors party thereto, Commerzbank Aktiengesellschaft, as mandated lead arranger and bookrunner, Commerzbank Aktiengesellschaft (as successor to Commerzbank Finance & Covered Bond S.A.), as agent (in such capacity, the “Agent”), and the other financial institutions party thereto as mandated lead arrangers, lenders and issuing banks.

On June 21, 2023, Hillenbrand, Inc. (the “Company”) entered into the Amendment No. 1 to Fourth Amended and Restated Credit Agreement (the “Credit Agreement Amendment”) among the Company, the subsidiary borrowers party thereto, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”).