Hillenbrand Announces Note Redemption, Amends Credit Agreements
- Hillenbrand, Inc. announced the full redemption of its $375 million, 4.500% notes due September 2026.
- The company successfully amended and extended its syndicated credit agreement, including a $700 million revolving credit facility and a $175 million term loan.
- This redemption and the amendments aim to optimize Hillenbrand's capital structure, allowing for greater operational and financial flexibility.
- Hillenbrand is a global industrial company providing highly-engineered, mission-critical processing equipment and solutions.
51 Articles
51 Articles
Hillenbrand Announces Note Redemption, Amends Credit Agreements – WRBI Radio
(Batesville, IN) – Hillenbrand, Inc. today announced the redemption in full of its $375 million, 4.500% notes due September 2026. The company also announced the successful amendment and extension of its syndicated credit agreement, which includes a $700 million revolving credit facility, a $175 million term loan, and a Euro-denominated delayed-draw term loan of up to €240 million. JPMorgan Chase Bank, N.A. and J.P. Morgan SE serve as administrat…


Hillenbrand Optimizes Capital Structure with Note Redemption and Credit Agreement Amendments
Hillenbrand has announced the full redemption of its $375 million, 4.500% notes due September 2026, alongside amendments to its syndicated credit agreement. This agreement now encompasses a $700 million revolving credit facility, a $175 million term loan, and a Euro-denominated delayed-draw term loan of up to €240 million. JPMorgan Chase Bank, N.A. and J.P. Morgan SE are serving as the administrative agents under this amended agreement. Addition…
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