debt
confidence high
sentiment neutral
materiality 0.50
Hillenbrand amends €325M L/G facility, raises leverage covenant to 4.25x through June 2026
Hillenbrand, Inc.
- Leverage ratio increased to 4.25x for fiscal quarters ending June 30, 2025 through June 30, 2026, then stepping down to 3.50x by March 2027.
- Amendment fee of 0.1% of each consenting lender's commitment, payable five business days after the effective date.
- Effective July 17, 2025; total facility size remains €325M.
- No other material changes to financial covenants or terms; facility continues to be used for L/G obligations.
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