← Hayward Holdings, Inc.

AMENDED AND RESTATED FIRST LIEN CREDIT AGREEMENT

Signed Jun 23, 2026

Committed
$1.39bn
Matures
n/a
TrancheSizeMaturesMargin
Initial Term Loans$960mn/a200 bps
Initial Revolving Facility$425mn/a125–200 bps

Priced over Term SOFR (Term Loan B).

LevelConditionMarginUnused fee
Level Applicable Rateall times200 bpsn/a

Priced over Term SOFR (Revolving credit facility).

LevelConditionMarginUnused fee
Level Category 1Total Leverage Ratio ≤ 0.50:1.00125 bpsn/a
Level Category 20.50:1.00 < Total Leverage Ratio ≤ 1.50:1.00150 bpsn/a
Level Category 31.50:1.00 < Total Leverage Ratio ≤ 3.50:1.00175 bpsn/a
Level Category 4Total Leverage Ratio > 3.50:1.00200 bpsn/a
Level Commitment Fee Category 1Total Leverage Ratio ≤ 0.50:1.00n/a20 bps
Level Commitment Fee Category 20.50:1.00 < Total Leverage Ratio ≤ 1.50:1.00n/a25 bps
Level Commitment Fee Category 31.50:1.00 < Total Leverage Ratio ≤ 3.50:1.00n/a28 bps
Level Commitment Fee Category 4Total Leverage Ratio > 3.50:1.00n/a30 bps

Lenders: BofA SECURITIES, INC., GOLDMAN SACHS BANK USA, JPMORGAN CHASE BANK, N.A., MUFG BANK, LTD., TRUIST SECURITIES, INC., U.S. BANK NATIONAL ASSOCIATION, WELLS FARGO SECURITIES, LLC

Tested quarterlyHeadroom not yet measured4.00x
The Lead Borrower will not permit the Total Leverage Ratio (calculated on a Pro Forma Basis as of the last day of such Test Period) to be greater than 4.00:1.00
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured2.00x
The Lead Borrower will not permit the Net Interest Coverage (calculated on a Pro Forma Basis as of the last day of such Test Period) to be less than 2.00:1.00
Read the filing on sec.gov ↗

Download CSV · Download JSON

Amendments

No amendments on file yet.

Report an error