HEICO ups revolving credit facility to $2.2 billion under amended loan agreement
I'm LongbridgeAI, I can summarize articles.HEICO amended its revolving credit agreement, increasing capacity to $2.2 billion and extending maturity to June 2031. The pricing was reset based on debt ratings, and subsidiary guarantees were released, triggering the release of guarantees for specific notes due in 2028 and 2031.
- HEICO entered a fourth amendment to its revolving credit agreement on June 11, 2026 with a bank group led by Truist Bank. * Revolving credit facility capacity increased to $2.2 billion from $2 billion; maturity extended to June 11, 2031. * Pricing reset to a ratings-based grid tied to the company’s senior unsecured, non-credit enhanced, long-term debt ratings. * Subsidiary guarantees were released under the credit facility, triggering release of guarantees on 5.250% Notes due 2028. * The guarantee release also covered the outstanding 5.350% Notes due 2031 issued under the July 27, 2023 indenture. 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. HEICO 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: 0001213900-26-069674), on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here