Armstrong World Industries Inc. has entered into a first amendment to its second amended and restated credit agreement with a consortium of major financial institutions, including Bank of America, N.A., Citizens Bank, N.A., Manufacturers & Traders Trust Company, PNC Bank, National Association, TD Bank, N.A., and Truist Bank. The amendment, signed on December 10, 2025, restructures AWI's existing debt by rolling it over into the newly amended credit facility and reallocating it among participating lenders. As part of the agreement, AWI pledged 65% of the voting capital stock and other equity interests of all material first-tier foreign subsidiaries, subject to certain exceptions. The move aims to enhance AWI's financial flexibility and support its ongoing business operations.
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. Armstrong World Industries 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: 0001193125-25-320094), on December 16, 2025, and is solely responsible for the information contained therein.
Comments