ABM INDUSTRIES INC /DE/ 8K

ABM Industries amended its credit agreement to add a new $255 million incremental term loan to help finance the acquisition of Iveagh New Opportunities Limited and related costs, with terms largely matching its existing term loan and conditioned on closing the acquisition.

On February 3, 2026, ABM Industries Incorporated entered into a First Amendment to its Amended and Restated Credit Agreement dated February 26, 2025, under which a syndicate of lenders led by Bank of America, N.A. as Administrative Agent agreed to provide a new $255 million Incremental Term Loan facility; the amendment aligns the new term loan’s terms with the existing initial term loan (including pricing that will step to a leverage-based grid after the quarter ending April 30, 2026), sets scheduled quarterly amortization of 1.25% of the original principal beginning April 2026, and specifies that the proceeds will be used to finance in part ABM’s acquisition of Iveagh New Opportunities Limited pursuant to a December 15, 2025 Share Purchase Agreement and to pay related fees and expenses, subject to customary closing conditions including completion of the acquisition, delivery of corporate and solvency certificates, legal opinions, and satisfaction of “know your customer” and other regulatory requirements, while reaffirming all existing loan obligations and collateral under the credit documents.

Filing Facts

CIK

771497

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-039443

Alert Tier

7