Oshkosh US$500m term loan
Converted revolver borrowings into term debt to improve liquidity
Key terms
- Borrower or issuer
- Oshkosh
- Date
- 31 Mar 2025
- Type
- Bank facility
- Amount
- US$500m
- Pricing
- Term SOFR + 0.90%
- Maturity
- 2027-03
Recorded terms
- Structure
- US$500m unsecured term loan maturing March 2027, fully drawn
- Lenders and arrangers
- PNC Bank, National Association (administrative agent) and a syndicate of lenders
- Country
- United States
Parties
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 1 Apr 2025 | Karman Space & Defense US$350m senior secured credit facilities (2025) | Bank facility | US$350m |
| 14 Apr 2025 | Hensoldt €1.8bn unsecured syndicated loan refinancing | Bank facility | €1.8bn |
| 5 Jun 2025 | Parsons US$1.2bn term loan and revolving credit facility (2025) | Bank facility | US$1.2bn |
| 11 Jun 2025 | EIB €500m intermediated loan to Deutsche Bank for security and defence SMEs | Bank facility | €500m |
| 17 Jun 2025 | Saab SEK 6bn revolving credit facility | Bank facility | SEK 6bn |
More from Oshkosh
| Date | Financing | Type | Amount |
|---|---|---|---|
| 16 Mar 2026 | Oshkosh US$1.6bn revolving credit facility | Bank facility | US$1.6bn |
| 3 Apr 2024 | Oshkosh US$450m revolver upsize to US$1.55bn | Bank facility | US$450m |
| 23 Mar 2022 | Oshkosh US$1.1bn revolving credit facility | Bank facility | US$1.1bn |
| 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$1.18bn |
Sources
- Oshkosh Form 8-K (term loan credit agreement) sec.gov · 31 Mar 2025
About this record
Record DEF-2025-0050, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
