CTS Corporation Secures New $300 Million Unsecured Revolving Credit Facility
CTS Corporation and its subsidiary, CTS Denmark Holding A/S, have entered into a new five-year unsecured revolving credit agreement with Wells Fargo Bank and other lenders, providing access to a $300 million credit facility. The agreement includes customary covenants and events of default, with borrowings guaranteed by CTS Corporation, CTS Denmark, and certain subsidiaries.
CTS Corporation and its subsidiary, CTS Denmark Holding A/S, have entered into a new five-year unsecured revolving credit agreement with Wells Fargo Bank as Administrative Agent, along with BofA Securities, BMO Bank, and other lenders. The agreement, dated November 24, 2025, provides CTS Corporation with access to a $300 million credit facility. The company may also request additional incremental loans under certain conditions. Borrowings are guaranteed by CTS Corporation, CTS Denmark, and certain current and future domestic subsidiaries. The agreement includes customary covenants and events of default, allowing lenders to accelerate repayments if necessary. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTS Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-293643), on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
