Form 8-K · Current Report · Filed 2026-06-26
Forgent Power LLC Amends Credit Agreement to Refinance Loans and Reduce Interest Rates
On June 23, 2026, Forgent Power LLC, a subsidiary of Forgent Power Solutions, Inc., amended its Credit Agreement to refinance its initial term loans with Amendment No.
- Filer
- FPS FPS
- Filed
- Accession
- 0001193125-26-283773
- CIK
- 0002080126
- Signal
- High impact
- Source
- Official filing on sec.gov ↗
Details
1 Refinancing Term Loans totaling $600,000,000 at a reduced interest rate margin. Additionally, the interest rate margin on the existing revolving credit commitments was reduced. The amendment provides the option for existing term lenders to either convert their loans or have them prepaid. Following the amendment, the Senior Credit Facilities will bear interest based on either a base rate plus a margin of 1.25% per annum or Term SOFR plus a margin of 2.25% per annum.
Items reported
Reported Item
Market reaction
Close before filing
$58.70
Next session
-6.3%
Since filing
-43.3%
Latest close
$33.27
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from FPS reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, FPS insiders reported 138 Form 4 transactions — flat net activity.
Never miss another FPS filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.