• Kennametal expanded its revolving credit facility to USD 850 million from USD 650 million via an amendment signed May 28, 2026.
• The amended facility matures Nov. 17, 2030. It includes USD 50 million for letters of credit, USD 100 million for swingline loans.
• The company also signed a USD 500 million unsecured delayed-draw Term Loan Credit Agreement, available in up to three draws through Sept. 30, 2026.
• Term loans mature three years after the initial borrowing. Repaid amounts cannot be reborrowed.
• Both facilities include a maximum consolidated leverage ratio of 3.75:1. The revolver allows a further USD 100 million increase.

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. Kennametal 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: 0001193125-26-253476), on June 02, 2026, and is solely responsible for the information contained therein.