JBT amends $1.3B credit facility to permit Marel takeover offer

JBT MAREL Corp

Second Amendment to existing $1.3B revolving credit agreement executed May 17, 2024.
Amendment expressly permits JBT's voluntary takeover offer for all shares of Marel hf.
Modifies negative and financial covenants to accommodate the Marel transaction.
Required Lenders (Wells Fargo, BofA, JPMorgan, and others) provided consent.
Credit facility continues in full force; no novation of existing obligations.

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