Pentair plc Amends Credit Agreement to Add New Term Loans

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This amendment also resulted in the full repayment and termination of an existing loan agreement. The new term loans are part of the company's senior credit facilities, which are guaranteed by Pentair and contain financial covenants and events of default.

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About Pentair plc

Pentair plc is a global diversified industrial company specializing in water treatment solutions. The primary function of Pentair is to provide residential, commercial, and industrial water and wastewater treatment systems, ensuring clean and safe water access. Key sectors that Pentair impacts include residential water supply, agricultural irrigation, industrial water treatment processes, and pool and spa equipment. Pentair's offerings encompass a broad range of products, such as water filtration systems, pool pumps, and aquaculture solutions, addressing diverse needs from water softening to stormwater management. In the financial market, Pentair holds significance as a leader in the water solutions industry, adapting to global challenges like water scarcity and environmental regulations. Headquartered in the UK, with operational centers in North America, Europe, and Asia, Pentair is positioned to meet the increasing demand for efficient water management solutions worldwide. The company's long-standing expertise, innovation in sustainable water technologies, and international reach solidify its role as a vital player in promoting water quality and conservation across various sectors.