Generac Holdings Inc.
Generac Holdings Inc. Amends Credit Facility Agreement
Summary
On July 3, 2024, Generac Holdings Inc. amended its Credit Agreement, replacing the existing term loan B credit facility with a new term loan B credit facility of $500 million, effective July 3, 2031, and eliminating the credit spread adjustment for the transition from LIBOR to SOFR.
Profitelligence Alerts
Get alerts for GNRC
Be first to know when Generac Holdings Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Generac Holdings Inc.
Generac Holdings Inc. is a prominent player in the energy technology and power generation sector, known for its comprehensive portfolio of backup and portable generator solutions. The company primarily focuses on designing and manufacturing power equipment that provides backup electricity during power outages, a crucial function for residential, commercial, and industrial users alike. Generac's products span a wide array of applications, including home standby generators, portable generators, and industrial power systems, ensuring operational continuity and energy security across various sectors. Established in 1959 and headquartered in Waukesha, Wisconsin, Generac has expanded its influence by capitalizing on the increasing demand for reliable and sustainable energy solutions. Beyond basic power generation, Generac is also at the forefront of energy management and monitoring technologies, reflecting its commitment to innovation and efficiency. Its market presence is underscored by its ability to meet diverse energy needs, positioning Generac Holdings Inc. as a key player in supporting infrastructure resilience and adapting to evolving energy landscapes.
Official SEC Documents
Advertisement