debt
confidence high
sentiment positive
materiality 0.50
Janus Living upsizes revolver to $1.25B, terminates $100M term loan
Janus Living, Inc.
- Amended credit agreement on Sept 17, 2026 increases revolving facility from $500M to $1.25B.
- Option to raise facility and/or add incremental term loans up to $1.75B aggregate, subject to lender commitments.
- Existing $100M delayed draw term loan facility terminated as of closing.
- Bank of America remains administrative agent; JPMorgan and Wells Fargo as co-syndication agents.
- Facility matures under terms of agreement; pricing grid tied to leverage ratio or debt ratings.