Lindsay Corp extends credit facility to Aug 2026, adds $50M accordion, transitions to SOFR

LINDSAY CORP

Third Amendment to $50M unsecured revolver; accordion feature allows request for up to $50M additional capacity.
Termination date extended from May 2022 to August 26, 2026.
Benchmark rate transitions from LIBOR to Daily Simple SOFR; pricing grid margin tiers increased by 10 bps.
Unused commitment fee range reduced from 0.15%-0.25% to 0.125%-0.20% per annum.
Line of Credit Note amended and restated; new note filed.

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.