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SEC filingRalliant Corporation entered into Amendment No. 2 to its Credit Agreement on March 30, 2026, refinancing and adjusting its term loans, which extends maturities and modifies borrowing rates and leverage ratio calculations.
Ralliant Corporation executed a significant amendment to its existing credit facility, restructuring its debt profile through two primary adjustments. The company extended near-term debt maturity by refinancing a $530.8 million term loan due in December 2026 with a larger $550 million facility maturing in March 2029, though at a slightly higher borrowing rate. Simultaneously, the company reduced its longer-term $619.2 million term loan due June 2028 to $600 million while securing a lower borrowing rate for that portion. These changes provide the company with additional liquidity and extended runway while optimizing interest expense across its debt structure. The amendment also provides operational flexibility by removing restrictions on how international cash balances factor into leverage ratio calculations, potentially improving covenant compliance. The transaction required satisfaction of multiple conditions precedent including execution of documents, delivery of legal opinions, corporate certificates, and payment of associated fees before becoming effective on March 30, 2026.