Ralliant amends credit agreement, refinancing $530.8 million loan due 2026 to 2029
On March 30, 2026, Ralliant entered into Amendment No. 2 to its Credit Agreement with PNC Bank, National Association, as administrative agent. The amendment refinances a $530.8 million term loan due December 2026 with a $550 million term loan due March 2029, at a rate 12.5 basis points higher than the current rate, and reduces a $619.2 million term loan due June 2028 to $600 million at a rate 12.5 basis points lower. It also removes the 85% cap on netting non-US cash in the consolidated net leverage ratio, and the filing states all other material terms are unchanged.
Key points
- $550 million term loan due March 2029 replaces the $530.8 million term loan due December 2026, at a rate 12.5 basis points higher
- $619.2 million term loan due June 2028 is reduced to $600 million, with its borrowing rate 12.5 basis points lower
- The 85% cap on netting non-US cash and cash equivalents in the net leverage ratio is removed
- Amendment No. 2 is dated March 30, 2026 and is filed as Exhibit 10.1 to the 8-K
The filing
Written by AI on Nov 8, 2026, 12:57 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 March 31, 2026.
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