debt
confidence high
sentiment positive
materiality 0.50
Global Industrial extends credit facility maturity to June 30, 2031 via Amendment No. 4
GLOBAL INDUSTRIAL Co
- Maturity date extended from October 19, 2026 to June 30, 2031.
- Amendment No. 4 to Third Amended and Restated Credit Agreement with JPMorgan Chase.
- Facility size remains $125M; no change in commitment amount.
- Post-effective covenants include correcting patent security filings and releasing tax liens.