RB Global, Inc. amended its Credit Agreement on April 3, 2025, increasing its revolving facilities to US$1.3 billion. This move enhances the company's financial flexibility and liquidity.
The amendment also reduced the USD Term Loan A facility to US$950 million and extended its maturity to April 2030. This restructuring of debt improves the company's long-term financial profile.
This refinancing is estimated to reduce borrowing costs by 85 basis points, which will positively impact the company's interest expense and overall profitability. The improved debt structure supports future growth initiatives.
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