Nextracker amends credit facility, increases surety bond capacity; repays term loan

Nextpower Inc.

Amendment raises surety bond basket from $1.0B to unlimited if net leverage ≤2.75x; else 200% of EBITDA.
Repaid all outstanding term loan under Credit Agreement on Feb 19, 2025.
Pro forma Total Net Leverage Ratio condition provides flexibility for project guarantees.
Lenders include JPMorgan, Bank of America, Barclays, Citibank, among others.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.