Modine Manufacturing Company
Modine Manufacturing Increases Revolving Commitments by $150M
Summary
On December 23, 2025, Modine Manufacturing Company amended its Credit Agreement to increase the aggregate revolving commitments by $150 million from $400 million to $550 million. The amendment also modifies the expansion option to allow up to $250 million of future incremental commitments. This change enables the Company to have more flexibility in its financial arrangements.
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About Modine Manufacturing Company
Modine Manufacturing Company, a prominent player in the industrial sector, specializes in thermal management solutions. Established in 1916 and headquartered in Racine, Wisconsin, Modine is dedicated to developing and manufacturing heat transfer products that serve a wide array of applications. These products include radiators, oil coolers, and HVAC components which are utilized across diverse industries such as automotive, commercial vehicles, building HVAC systems, and power generation. With a focus on innovation and sustainability, Modine addresses the increasing global demand for energy-efficient and environment-friendly heating and cooling systems. The company's extensive expertise and advanced engineering capabilities allow it to cater to both standard and customized solutions for clients worldwide, maintaining a significant presence in emerging and established markets. Modine's impact is substantial, as it supports critical sectors by providing products that ensure effective thermal management, thereby enhancing performance and safety standards in various applications. Through continuous investment in research and development, Modine Manufacturing Company strives to lead in thermal innovation and operational excellence, reinforcing its commitment to improving industrial energy efficiency and environmental performance.
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