debt
confidence high
sentiment neutral
materiality 0.55
EnerSys expands receivables facility to $250M with $50M accordion; adds PNC, Truist
EnerSys
- Facility limit increased from $150M to $250M; uncommitted accordion feature adds up to $50M more.
- PNC Bank and Truist Bank join as new purchasers with $50M commitments each.
- Scheduled termination date extended to December 15, 2028 (three-year term).
- Amendment updates concentration percentages and eligibility for government receivables.
- Potential future inclusion of receivables from new originators subject to purchaser review.
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