Forgent Power refinances $600M term loans at reduced interest rate margin

Forgent Power Solutions, Inc.

Refinanced $600M aggregate principal of term loans under Amendment No. 1 to existing credit agreement.
Existing term lenders could elect cashless conversion or prepayment from new lenders.
New interest rate: Term SOFR plus 2.25% per annum (0.00% floor) or base rate plus 1.25% per annum.
Revolver repricing also reduced applicable margin on existing revolving credit commitments.
Expectation of lower interest expense from reduced margins on term loans and revolving facility.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.