Brief: Beacon Roofing Supply Inc- On March 28 Entered Into Amendment No. 3 To Amended And Restated Term Loan Credit Agreement

Beacon Roofing Supply

28/03/2024 20:54

March 28 (Reuters) - Beacon Roofing Supply Inc  BECN.O :
    * BEACON ROOFING SUPPLY INC-  ON MARCH 28 ENTERED INTO
AMENDMENT
NO. 3 TO AMENDED AND RESTATED TERM LOAN CREDIT AGREEMENT
    * BEACON ROOFING SUPPLY INC-  AMENDMENT NO. 3 PROVIDES FOR
REFINANCING OF ALL OUTSTANDING TERM LOANS UNDER TERM LOAN CREDIT
FACILITY
    * BEACON ROOFING SUPPLY INC-  REFINANCING BY INCREASING
AGGREGATE
PRINCIPAL AMOUNT OF OUTSTANDING TERM LOANS TO $1.275 BILLION
    * BEACON ROOFING SUPPLY INC- REFINANCING BY REDUCING
INTEREST RATE
TO A RATE PER ANNUM EQUAL TO TERM SOFR WITH A 0.00% FLOOR, PLUS
A MARGIN EQUAL TO 2%
    * BEACON ROOFING SUPPLY INC- REMAINING TERMS OF TERM LOAN
CREDIT
FACILITY REMAIN IN FULL FORCE AND EFFECT

Source text for Eikon: [ID:https://bitly.ws/3gXQd]
Further company coverage:  BECN.O 

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