TIC Solutions cuts interest rate on Amendment No. 3 term loans by 25 bps

TIC Solutions

TIC Solutions

TIC

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  • Entered a third amendment to its July 30, 2024 credit agreement on June 2, 2026.
  • Cut the stated interest rate on the Amendment No. 3 Term Loans by 25 basis points.
  • Repriced the loans to Term SOFR + 2.5% or Base Rate + 1.5%, at the borrower’s election.
  • Raised the letter of credit sublimit to USD 50 million.
  • Set principal payments to start Sept. 30, 2026, with quarterly installments of 0.25% of the initial principal.


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. TIC Solutions 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: 0001628280-26-040905), on June 05, 2026, and is solely responsible for the information contained therein.

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