Generac amends credit facilities: $700 million term loan, $1 billion revolver due 2030
Generac Holdings amended its credit agreement with JPMorgan Chase, acting as administrative agent, replacing its term loan A and revolving credit facilities with new facilities maturing July 1, 2030. The revolver size falls from $1.25 billion to $1 billion, and the amendment also removes a LIBOR-to-SOFR credit spread adjustment and updates pricing grids tied to the Total Leverage Ratio.
Key points
- New term loan A has an aggregate outstanding principal of $700 million at closing.
- Revolving facility reduced from $1,250,000,000 to $1,000,000,000.
- Both facilities mature July 1, 2030.
- Credit spread adjustment tied to LIBOR-to-SOFR transition eliminated; pricing grids now based on Total Leverage Ratio.
The filing
Written by AI on Nov 8, 2026, 12:56 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 July 02, 2025.
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