Middleby extends credit facility maturity to 2028, supports food processing spin-off

MIDDLEBY Corp

Maturity of $1.5B credit facility extended from Oct 2026 to Apr 2028.
Amendment enables previously announced separation of food processing business into standalone public company.
Departing lenders (Barclays, Huntington, KBC, BMO) paid off; remaining lenders consent.
Third Amendment signed Aug 19, 2025; conditions include legal opinions and no-event-of-default certification.

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