Financing ·
On June 23, 2026, Hayward Holdings, Inc. through its subsidiaries entered into an Amended and Restated First Lien…
HAYWHayward Holdings, Inc.
On June 23, 2026, Hayward Holdings, Inc. through its subsidiaries entered into an Amended and Restated First Lien Credit Agreement with Bank of America, N.A. as administrative agent. The agreement refinances existing debt without increasing total indebtedness, providing a $960.0 million seven-year term loan facility and a $425.0 million five-year revolving credit facility. The term loans bear interest at term SOFR plus 2.00% or the alternate base rate plus 1.00%. The revolving facility includes a $100.0 million letter of credit sublimit and a $50.0 million swingline sublimit, with margins ranging from 1.25-2.00% over benchmark rates based on leverage ratios. The facilities are collateralized by substantially all assets of the borrowers and guarantors. The company operates in the pool equipment industry, designing and manufacturing pool and spa equipment.