debt
confidence high
sentiment neutral
materiality 0.50
Revvity enters new $1.5B revolving credit facility maturing 2030, replaces prior facility
REVVITY, INC.
- New $1.5B unsecured revolver matures Jan 7, 2030; replaces prior $1.5B facility due Aug 2026.
- No borrowings outstanding at closing; only $4.2M in letters of credit outstanding.
- Interest rate based on debt ratings: term SOFR + spread 0.795%-1.425%; facility fee 0.08%-0.20%.
- Joint lead arrangers: BofA Securities, JPMorgan, Goldman Sachs, PNC Capital Markets, Wells Fargo.