Financing ·
On June 23, 2026, Forgent Power LLC, a subsidiary of Forgent Power Solutions, Inc., entered into Amendment No. 1 to…
FPSForgent Power Solutions, Inc.
On June 23, 2026, Forgent Power LLC, a subsidiary of Forgent Power Solutions, Inc., entered into Amendment No. 1 to its existing Credit Agreement. The amendment refinanced outstanding initial term loans into new refinancing term loans totaling $600,000,000 at a reduced interest rate margin. Additionally, the amendment reduced the applicable interest rate margin on existing revolving credit commitments. Under the amended terms, interest will be based on either a base rate plus a 1.25% margin or Term SOFR plus a 2.25% margin. Forgent Power Solutions, Inc. provides power solutions and energy-related services.