Woodward Inc.
Woodward, Inc. Enters into New Credit Agreements
Summary
On May 28, 2026, Woodward, Inc. entered into a Third Amended and Restated Credit Agreement, which amends and restates its previous revolving credit agreement, and a Term Loan Credit Agreement. The new agreements extend the termination date to May 28, 2031, and provide for revolving loans up to $1,000,000,000 and a term loan of $250 million, respectively. The Company used the proceeds to repay existing obligations and for general corporate purposes.
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About Woodward Inc.
Woodward Inc. is a prominent designer and manufacturer specializing in control systems and components. This company focuses on providing solutions primarily for the aerospace and energy industries. Woodward’s products play an essential role in regulating engines, turbines, and other energy-related systems, enhancing efficiency and reliability in performance-critical environments. A significant aspect of Woodward's operations is its commitment to enabling sustainable energy solutions, contributing to reduced emissions and improved fuel efficiency. In the aerospace sector, Woodward's innovations support commercial, business, and military aircraft, underlining its importance in critical national and global transport infrastructure. The company's role in the financial market is underscored by its contribution to major technological advancements and its alignment with industry trends favoring sustainability and efficiency. Established with a strong historical foundation, Woodward continues to impact critical sectors by advancing energy control technologies.
Official SEC Documents
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