ABL CREDIT AND GUARANTY AGREEMENT
Signed Jun 16, 2026
- Committed
- $2bn
- Matures
- n/a
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $2bn | n/a | 150–200 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level I | ≥ 66.6% of the Line Cap | 150 bps | n/a |
| Level II | < 66.6% but ≥ 33.3% of the Line Cap. | 175 bps | n/a |
| Level III | < 33.3% of the Line Cap | 200 bps | n/a |
| Level I | ≥ 50% | n/a | 25 bps |
| Level II | <50% | n/a | 30 bps |
Lenders: JPMORGAN CHASE BANK, N.A., BNP PARIBAS SECURITIES CORP., CITIBANK, N.A., MIZUHO BANK, LTD., WELLS FARGO BANK, NATIONAL ASSOCIATION, BMO CAPITAL MARKETS CORP, GOLDMAN SACHS BANK USA, PNC BANK, NATIONAL ASSOCIATION, TD BANK, N.A.