Twin Disc signs new credit agreement with Bank of Montreal, JPMorgan Chase, including $30 million term loan

Bank of Montreal
Twin Disc, incorporated

Bank of Montreal

BMO

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Twin Disc, incorporated

TWIN

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  • Entered a new credit agreement on June 30, 2026, refinancing and replacing its February 2025 facility.
  • Closed USD 30 million term loans from Bank of Montreal, administrative agent, and JPMorgan Chase; maturity set for June 30, 2031.
  • Quarterly amortization starts at USD 375,000, stepping up to USD 562,500 in late 2028, then USD 750,000 in late 2030.
  • Added a revolving credit facility of up to USD 60 million through June 30, 2031, including swing loan and letter-of-credit sublimits.
  • Facility secured by substantially all company and Kobelt assets; term loan designated a SOFR Loan with margins tied to 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. Twin Disc Incorporated 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: 0001437749-26-022794), on July 06, 2026, and is solely responsible for the information contained therein.

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