Modine Manufacturing Expands Credit Facility to $550 Million with JPMorgan Chase

Reuters12-30 05:20

Modine Manufacturing Expands Credit Facility to $550 Million with JPMorgan Chase

Modine Manufacturing Company and Airedale International Air Conditioning Limited have amended their existing credit agreement with a syndicate of lenders led by JPMorgan Chase Bank. The amendment, signed on December 23, 2025, increases the aggregate revolving credit commitments from $400 million to $550 million. It also modifies the expansion option, allowing for up to $250 million in future incremental revolving commitments and term loans. Additionally, the amendment provides Modine with the ability, under certain conditions, to require lenders to assign their loans and commitments to eligible assignees.

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. Modine Manufacturing Company 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: 0001104659-25-124872), on December 29, 2025, and is solely responsible for the information contained therein.

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