CSW Industrials Renews, Extends Revolving Credit Facility and Upsizes to $700 Million
CSW Industrials (CSWI) has successfully renewed and extended its Revolving Credit Facility, increasing the commitment from $500 million to $700 million. The renewed facility, arranged in partnership with nine banks, features a five-year term extending to May 2030. JPMorgan Chase Bank, N.A. will serve as the administrative agent, while both JPMorgan Chase Bank, N.A. and Truist Bank acted as joint lead arrangers and bookrunners. The enhanced credit facility aims to provide CSWI with improved access to capital for pursuing growth opportunities.
CSW Industrials (CSWI) ha rinnovato con successo e ampliato la sua linea di credito revolving, aumentando l'impegno da 500 milioni di dollari a 700 milioni di dollari. La nuova linea di credito, strutturata in collaborazione con nove banche, ha una durata di cinque anni fino a maggio 2030. JPMorgan Chase Bank, N.A. sarà l'agente amministrativo, mentre JPMorgan Chase Bank, N.A. e Truist Bank hanno agito come co-lead arranger e bookrunner. La linea di credito potenziata mira a fornire a CSWI un accesso migliorato al capitale per perseguire opportunità di crescita.
CSW Industrials (CSWI) ha renovado y ampliado con éxito su línea de crédito revolvente, aumentando el compromiso de 500 millones a 700 millones de dólares. La línea renovada, organizada en colaboración con nueve bancos, tiene un plazo de cinco años hasta mayo de 2030. JPMorgan Chase Bank, N.A. actuará como agente administrativo, mientras que JPMorgan Chase Bank, N.A. y Truist Bank fueron los coordinadores principales conjuntos y colocadores. La línea de crédito mejorada tiene como objetivo proporcionar a CSWI un mejor acceso al capital para aprovechar oportunidades de crecimiento.
CSW Industrials (CSWI)는 성공적으로 리볼빙 신용 한도를 갱신 및 확대하여 약정액을 5억 달러에서 7억 달러로 늘렸습니다. 이번 갱신된 한도는 9개 은행과 협력하여 마련되었으며, 만기는 2030년 5월까지 5년입니다. JPMorgan Chase Bank, N.A.가 관리 대행사를 맡고 있으며, JPMorgan Chase Bank, N.A.와 Truist Bank가 공동 주관 및 북러너 역할을 수행했습니다. 강화된 신용 한도는 CSWI가 성장 기회를 추구하는 데 필요한 자본 접근성을 향상시키는 것을 목표로 합니다.
CSW Industrials (CSWI) a renouvelé et étendu avec succès sa facilité de crédit renouvelable, augmentant l'engagement de 500 millions à 700 millions de dollars. La facilité renouvelée, organisée en partenariat avec neuf banques, présente une durée de cinq ans jusqu'en mai 2030. JPMorgan Chase Bank, N.A. agira en tant qu'agent administratif, tandis que JPMorgan Chase Bank, N.A. et Truist Bank ont agi en tant que co-arrangeurs principaux et teneurs de livre. Cette facilité de crédit améliorée vise à fournir à CSWI un meilleur accès au capital pour saisir des opportunités de croissance.
CSW Industrials (CSWI) hat seine revolvierende Kreditfazilität erfolgreich erneuert und erweitert, wobei die Zusage von 500 Millionen auf 700 Millionen US-Dollar erhöht wurde. Die erneuerte Fazilität, die in Zusammenarbeit mit neun Banken arrangiert wurde, hat eine Laufzeit von fünf Jahren bis Mai 2030. Die JPMorgan Chase Bank, N.A. fungiert als administrativer Agent, während sowohl JPMorgan Chase Bank, N.A. als auch Truist Bank als gemeinsame Hauptarrangeure und Bookrunner tätig waren. Die verbesserte Kreditfazilität soll CSWI einen besseren Zugang zu Kapital für Wachstumschancen bieten.
- Increased credit facility commitment by 40% from $500M to $700M
- Extended maturity to May 2030, providing long-term financial flexibility
- Strong banking relationships demonstrated by participation of nine banks
- None.
DALLAS, May 05, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today announced the renewal and extension of its existing Revolving Credit Facility, including an increase of the Facility’s commitment from
Joseph B. Armes, Chairman, Chief Executive Officer, and President commented, “The renewal of our Revolving Credit Facility provides us with efficient access to capital that allows the Company to be opportunistic and to act decisively on growth opportunities. I want to express my gratitude to our bank group for supporting the extension and upsizing of our Revolving Credit Facility, allowing us the opportunity to continue delivering above market growth.”
JPMorgan Chase Bank, N.A. will serve as administrative agent. JPMorgan Chase Bank, N.A. and Truist Bank acted as the joint lead arrangers and joint bookrunners.
About CSW Industrials
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. The Company provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.
Investor Relations
Alexa Huerta
Vice President Investor Relations, & Treasurer
214-489-7113
alexa.huerta@cswindustrials.com
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