Gentherm enters USD 550 million five-year revolving credit facility with Bank of America-led lenders

Bank of America Corp
Gentherm Incorporated

Bank of America Corp

BAC

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Gentherm Incorporated

THRM

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  • Gentherm entered a third amended and restated credit agreement on June 29, 2026 with lenders led by Bank of America.
  • Deal replaces the prior amended facility dated June 10, 2022.
  • $550 million secured five-year revolving credit facility, including $50 million swing line sublimit, $30 million letters of credit sublimit.
  • Pricing tied to leverage: term SOFR/CORRA/EURIBOR/SONIA plus 1.125%-2% margin, or base rate plus 0.125%-1% margin.
  • Facility includes leverage-based commitment fee of 0.15%-0.25% plus financial covenants on interest coverage, 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. Gentherm 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: 0001193125-26-293500), on July 02, 2026, and is solely responsible for the information contained therein.

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