Mission Produce enters $550M credit agreement to fund Calavo acquisition

Mission Produce, Inc.

$550M senior secured credit facility: $200M revolver, $200M Term A-1, $150M Term A-2.
$50M drawn on each term loan at closing; remainder to fund acquisition of Calavo Growers.
Revolving facility and Term A-1 mature April 1, 2031; Term A-2 matures April 1, 2033.
Interest rates based on leverage ratio; initial pricing at Tier IV (lowest) until post-acquisition.
Covenants: max total net leverage ratio 3.50x, min fixed charge coverage 1.25x.

item 1.01 item 2.03 item 9.01

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accession 0001193125-26-138164

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