Oshkosh enters $1.6 billion unsecured revolving credit facility maturing March 2031
On March 16, 2026, Oshkosh entered a Fourth Amended and Restated Credit Agreement with Bank of America as administrative agent, replacing its existing $1.55 billion unsecured revolving credit facility. The new facility provides up to $1.6 billion, matures in March 2031, and can be increased by up to $800 million, subject to conditions and lender consent. The company also amended its $500 million unsecured term loan with PNC Bank so that its terms conform to the new credit agreement.
Key points
- New unsecured revolving credit facility of $1.6 billion maturing in March 2031, replacing the $1.55 billion facility under the credit agreement dated March 23, 2022.
- The company may increase the facilities by up to $800 million, provided it is not in default and obtains lender consent.
- Covenant requires a maximum leverage ratio of 3.75 to 1.00 at each fiscal quarter-end, temporarily increasable to 4.25 to 1.00 for certain material acquisitions.
- First Amendment to the $500 million unsecured term loan with PNC Bank, National Association, dated March 16, 2026, conforms its terms to the new credit agreement.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 March 16, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.