Badger Meter amends, extends $150 million revolving credit facility to July 2031
Badger Meter, Inc.
Badger Meter, Inc. BMI | 0.00 |
- Badger Meter amended and extended its USD 150 million multi-currency revolving credit facility on June 5, 2026.
- New maturity set for July 8, 2031; no amounts were outstanding under the facility at the time of the amendment.
- Borrowing costs initially set at Term SOFR, Adjusted EURIBO, or Daily Simple SONIA, each with an 87.5-basis-point margin.
- Key covenants include a consolidated net debt-to-EBITDA cap of 3.00x, with a temporary step-up to 3.50x for acquisitions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Badger Meter Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-267194), on June 11, 2026, and is solely responsible for the information contained therein.
