RB GLOBAL INC. (RBA): debt financing — RB Global enters amended credit agreement with $1.3B revolver and $950M term loan, maturing 2030

RB GLOBAL INC.

New $1.3B multi-currency revolving credit facility and $950M USD term loan plus CAD$102.5M.
Facilities mature in April 2030; quarterly installments of 1.25% on term loan.
Interest margins range 1.25-2.00% for SOFR borrowings; 0.25-1.00% for base rate.
Consolidated leverage ratio covenant set at 4.00x, with 0.50x adjustment after certain acquisitions.
Collateral requirements may fall away upon achieving credit rating milestones.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RB GLOBAL INC. amended credit facility of $1,300,000,000 Revolving Facilities, $950,000,000 USD Term A Loan Facility, CAD$102,542,621.12 Term A Loan Facility with Bank of America, N.A. at base rate plus applicable margin (1.25-2.00% for SOFR; 0.25-1.00% for base/prime maturing April of 2030.

Instrument: credit facility
Principal: $1,300,000,000 Revolving Facilities, $950,000,000 USD Term A Loan Facility, CAD$102,542,621.12 Term A Loan Facility
Counterparty: Bank of America, N.A.
Rate: base rate plus applicable margin (1.25-2.00% for SOFR; 0.25-1.00% for base/prime
Maturity: April of 2030
Event: amendment

Exact text from the filing

The Amended and Restated Credit Agreement provides for, among other things, (x) up to $1,300,000,000 in aggregate principal amount of multi-currency senior secured revolving credit facilities

View on SEC.gov

Browse all debt financings →

RB GLOBAL INC. filing history →

Source: SEC EDGAR

accession 0001104659-25-031884

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.