Curtiss-Wright enters new $1 billion revolving credit facility maturing May 2031
Curtiss-Wright signed a new $1 billion revolving credit facility on May 19, 2026, replacing its $750 million facility that was set to mature in May 2027. The company says the facility supports general corporate purposes, including possible acquisitions and internal growth initiatives. The filing describes the terms as similar in covenants to the prior agreement, so the change mainly adds borrowing capacity rather than altering the company's obligations in a stated way.
Key points
- New $1 billion revolving credit facility matures May 19, 2031; it replaces the $750 million facility, which was terminated with no early termination penalties or fees
- Up to $200 million of the facility may be used for letters of credit; the agreement allows up to $500 million in incremental term loans or commitment increases, subject to lender discretion
- Borrowings bear interest at rates tied to benchmark rates plus margins of 0.675% to 1.225%, based on the company's consolidated leverage ratio
- JPMorgan Chase Bank, N.A. is administrative agent; the company said the new agreement's covenants are no more restrictive than those in the prior agreement
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.