Alamo Group enters USD 602.5 million credit agreement with Bank of America-led lenders
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- Entered a Fourth Amended and Restated Credit Agreement with Bank of America as administrative agent on May 27, 2026.
- New facility totals USD 602.5 million, including a USD 202.5 million term loan already drawn.
- Revolving facility provides up to USD 400 million of additional capacity, maturing in five years.
- Term loan amortizes at USD 1.27 million quarterly, with remaining principal due at maturity on May 27, 2031.
- Pricing tied to base rate or Term SOFR, with margins of 0.25% to 2.25% based on consolidated net leverage.
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. Alamo Group 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: 0000897077-26-000078), on May 28, 2026, and is solely responsible for the information contained therein.
