← Ferguson Enterprises Inc. /DE/

TERM LOAN CREDIT AGREEMENT

Signed Aug 11, 2026

Committed
$900m
Matures
n/a
TrancheSizeMaturesMargin
Term Loan$900mn/a75–125 bps

Priced over Term SOFR, floor 0 bps (Term Loan A).

LevelConditionMarginUnused fee
Level 1A2/A/A or higher75 bps7 bps
Level 2A3/A-/A-88 bps7 bps
Level 3Baa1/BBB+/BBB+100 bps7 bps
Level 4Baa2/BBB/BBB113 bps9 bps
Level 5Baa3/BBB-/BBB- or lower125 bps13 bps

Lenders: JPMorgan Chase Bank, N.A., BOFA Securities, Inc., Barclays Bank PLC, Royal Bank of Canada, Sumitomo Mitsui Banking Corporation, Bank of China Limited, London Branch

Tested quarterlyHeadroom not yet measured3.50x
the ratio of (a) Consolidated Net Funded Debt as of such day to (b) Consolidated EBITDA ... to be greater than 3.50 to 1.00
Read the filing on sec.gov ↗

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