debt
confidence high
sentiment positive
materiality 0.60
Allied Motion expands revolving credit facility by $55M to $280M
ALLIENT INC
- Revolver increased by $55M from $225M to $280M; maturity remains February 2025.
- Maximum leverage ratio of 4.0x through Q3 2023, then 3.5x; temporary 0.5x step-up for acquisitions through end 2022.
- Interest at Adjusted Term SOFR + 1.00%–2.25% based on leverage; no other substantive changes.
- CFO says facility supports growth and working capital amid elevated inventory and supply chain constraints.