Bio-Techne enters $1B revolving credit facility; draws $350M to repay prior debt

BIO-TECHNE Corp

New $1B revolving credit facility, expandable by $400M, matures August 31, 2027.
Borrowed $350M at closing to repay existing term and revolving loans under prior credit agreement.
Facility bears variable interest based on total leverage ratio; includes sustainability-linked option.
Maintains minimum interest coverage ratio of 3.00x and max total debt-to-EBITDA of 3.50x (4.00x post-qualified acquisition).

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