Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
FORUM ENERGY TECHNOLOGIES, INC. amended credit facility with Wells Fargo Bank, National Association at 2.00% to 2.50% maturing February 4, 2031.
- Instrument
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- 2.00% to 2.50%
- Maturity
- February 4, 2031
- Event
- amendment
Exact text from the filing
among other changes, (i) extend the scheduled maturity date from September 8, 2028 to February 4, 2031, (ii) revise the interest rate margin over SOFR applicable to outstanding loans, previously ranging from 2.25% to 2.75% determined based on Forum's total net leverage ratio, to instead range from 2.00% to 2.50%, determined based on excess availability under the Credit Agreement and (iii) increase the U.S. letter of credit sublimit from $70 million to $100 million.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
FORUM ENERGY TECHNOLOGIES, INC. amended Credit Agreement Amendment with Wells Fargo Bank, National Association (effective 2026-02-04).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Effective
- 2026-02-04
Exact text from the filing
On February 4, 2026, Forum Energy Technologies, Inc. (“Forum”) entered into an amendment (the “Credit Agreement Amendment”) to the Third Amended and Restated Credit Agreement, dated as of October 30, 2017 (as amended, restated, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), among Forum, as borrower, the other borrowers party thereto, the guarantors party thereto, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.
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