Forgent Power Solutions reprices senior credit facilities, cuts borrowing spread to SOFR+225 bps

Forgent Power Solutions

Forgent Power Solutions

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  • Forgent Power Solutions repriced its revolving credit facility, term loan credit facility on May 21, 2026.
  • Borrowing rate cut to SOFR + 225 basis points from SOFR + 300 basis points.
  • Change expected to save about $4.5 million a year in interest on the initial term loan facility.
  • All other material terms, including maturities, financial covenants, expected to remain unchanged.
  • Closing expected in late June 2026, subject to customary conditions.


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. Forgent Power Solutions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260526215308) on May 26, 2026, and is solely responsible for the information contained therein.