Forgent Power LLC Amends Credit Agreement to Refinance Loans and Reduce Interest Rates

Summary

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. 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.