SIXTH AMENDED AND RESTATED CREDIT AGREEMENT

When the limit steps, and which way the company's ratio has been moving.

Signed Jul 2, 2026

Committed: $1.2bn
Matures: Jul 2031
Agent: Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Co-Administrative Agents

Tranche	Size	Matures	Margin
Revolving credit facility	$1.2bn	Jul 2031	80–133 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

Level	Condition	Margin	Unused fee
Level 1	A- / A3 or better	80 bps	8 bps
Level 2	BBB+ / Baa1	91 bps	9 bps
Level 3	BBB / Baa2	102 bps	11 bps
Level 4	BBB- / Baa3	110 bps	15 bps
Level 5	BB+ / Ba1 or worse	133 bps	18 bps

Lenders: BofA Securities, Inc., KeyBanc Capital Markets Inc., PNC Capital Markets LLC

CovenantTestedHeadroomLimit now

Tested quarterly45.3%ratio 2.05x, estimated, vs 3.75x limit in force at Jun 30, 20263.75x

Permit the Consolidated Net Leverage Ratio at any time to be greater than 3.75 to 1.0.

Tested quarterly160.7%ratio 7.82x, estimated, vs 3.00x limit in force at Jun 30, 20263.00x

Permit the Consolidated Interest Coverage Ratio at any time to be less than or equal to 3.00 to 1.0.

Amendments

No amendments on file yet.

Report an error