Oshkosh US$1.1bn revolving credit facility
Replaced the 2018 credit agreement and repaid the term loan
Key terms
- Borrower or issuer
- Oshkosh
- Date
- 23 Mar 2022
- Type
- Bank facility
- Amount
- US$1.1bn
- Maturity
- 2027-03
Recorded terms
- Structure
- US$1.1bn unsecured revolving credit facility maturing March 2027, with a US$550m accordion
- Lenders and arrangers
- Bank of America, N.A. (administrative agent) and a syndicate of lenders
- Country
- United States
Parties
- Oshkosh borrower or issuer
- Lenders: Bank of America
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 22 Mar 2022 | Kongsberg NOK 2.5bn revolving credit facility (2022) | Bank facility | NOK 2.5bn |
| 28 Feb 2022 | Mercury Systems US$1.1bn revolving credit facility (upsized) | Bank facility | US$1.1bn |
| 18 Feb 2022 | Kratos US$400m secured credit facility | Bank facility | US$400m |
| 14 Feb 2022 | Nové €1.3bn loan for French armed forces housing (Cegelog, EIB €484m) | Bank facility | €1.3bn |
| 17 May 2022 | Curtiss-Wright US$750m revolving credit facility (2022) | Bank facility | US$750m |
More from Oshkosh
| Date | Financing | Type | Amount |
|---|---|---|---|
| 16 Mar 2026 | Oshkosh US$1.6bn revolving credit facility | Bank facility | US$1.6bn |
| 31 Mar 2025 | Oshkosh US$500m term loan | Bank facility | US$500m |
| 3 Apr 2024 | Oshkosh US$450m revolver upsize to US$1.55bn | Bank facility | US$450m |
| 11 Feb 2020 | Oshkosh US$300m 3.100% senior notes due 2030 | Bond | US$300m |
| 3 May 2018 | Oshkosh US$300m 4.600% senior notes due 2028 | Bond | US$300m |
| 3 Apr 2018 | Oshkosh US$1.175bn second amended and restated credit agreement | Bank facility | US$1.18bn |
Sources
- Oshkosh Form 8-K (Third Amended and Restated Credit Agreement) sec.gov · 24 Mar 2022
About this record
Record DEF-2022-0026, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
