ITT Inc. signs $2.875 billion delayed-draw term loan credit agreement with U.S. Bank and lenders

Reuters02-19

<a href="https://laohu8.com/S/ITT">ITT Inc.</a> signs $2.875 billion delayed-draw term loan credit agreement with <a href="https://laohu8.com/S/USB">U.S. Ban</a>k and lenders

ITT Inc. entered into a new credit agreement on Feb. 18, 2026 with U.S. Bank National Association as administrative agent and a syndicate of lenders, providing up to $2.875 billion of delayed-draw term loan commitments to help finance its previously announced acquisition of SPX FLOW, Inc. The facility can be drawn in up to two borrowings before the commitments expire on Sept. 11, 2026, with loans maturing two years after the first borrowing. Borrowings will bear interest at Term SOFR or an alternate base rate plus a ratings-based margin, and include customary covenants and a maximum net leverage ratio of 3.50x.

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. ITT 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: 0000216228-26-000018), on February 18, 2026, and is solely responsible for the information contained therein.

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