Ralliant Corporation has amended its existing Credit Agreement, originally dated May 15, 2025, with PNC Bank, National Association, acting as administrative agent, and other lenders. The amendment, effective November 24, 2025, reduces the Term SOFR interest rate on the company's revolving credit facility and term loans by 0.10% through the removal of the credit spread adjustment. It also eliminates the ratings-based pricing grid and permanently sets the outstanding undrawn commitments under the company's three-year and eighteen-month term loans to zero, thereby removing the 0.125% ticking fee on undrawn commitments. All other material terms of the agreement remain unchanged.
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. Ralliant Corporation 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: 0002041385-25-000077), on November 25, 2025, and is solely responsible for the information contained therein.
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