debt
confidence high
sentiment neutral
materiality 0.40
Graco extends $750M revolving credit facility maturity to Oct 2029
GRACO INC
- Extends $750M unsecured revolving credit facility from Mar 2026 to Oct 25, 2029.
- Eliminates margin and facility fee adjustments tied to acquisitions completed before Dec 31, 2023.
- The Northern Trust Company exits as a lender; remaining banks increase commitments.
- Amendment also updates representations, borrowing subsidiary provisions, and standard loan documents.