On February 28, 2025, Fortrea Holdings Inc. entered into an amendment to its existing credit agreement. This amendment specifically modifies a financial covenant, providing the company with additional flexibility in its financial operations.
The revised terms extend this flexibility under the company’s Credit Agreement through the fourth quarter of 2026. This proactive measure aims to support Fortrea's ongoing business strategies and operational needs.
While providing operational headroom, the need for such an amendment suggests the company is actively managing its financial obligations in response to its current business environment. This move is intended to ensure continued compliance and stability.
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