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Universal Corporation Closes $1.4 Billion Credit Facility Refinancing
Businesswire· 2025-12-10 21:15
Core Viewpoint - Universal Corporation has successfully entered into a new bank credit agreement, enhancing its financial flexibility and capacity for future investments [1] Group 1: Credit Agreement Details - The new credit agreement became effective on December 9, 2025 [1] - It establishes a $1.4 billion senior unsecured credit facility, which includes a five-year $780 million committed revolving credit facility [1] - Additionally, the agreement features a funded $275 million five-year term loan [1]
World Kinect Corporation Extends $2 Billion Credit Facility to 2030
Businesswire· 2025-11-11 21:15
Core Points - World Kinect Corporation has amended and extended its $2 billion senior unsecured credit facility [1] - The maturity date of the credit facility has been extended to November 2030, with an option to extend to November 2031, subject to lender consent [1] - The facility is led by Bank of America and reflects strong support from a diversified syndicate of global financial institutions [1]