Badger Meter Extends $150 Million Multi-Currency Revolving Credit Facility to 2031 — TradingView News
Badger Meter amended and extended its $150 million multi-currency revolving credit facility, pushing the maturity to July 8, 2031. The facility initially bears interest at benchmark rates (SOFR, EURIBOR or SONIA) plus 87.5 basis points, and includes standard financial covenants. As of the amendment date, no amounts were outstanding. The agreement is expected to enhance liquidity and financial flexibility while maintaining prudent leverage thresholds, including a 3.0x net debt to EBITDA cap with a temporary 3.5x step-up for certain acquisitions.
Agreement details:
- Agreement type: Amendment and extension of $150 million multi-currency revolving credit facility
- Counterparty: Syndicate of lenders and agents
- Signed / Effective: Jun 05 2026 / same
- Duration / Termination: Through Jul 08 2031
- Reason: Enhance liquidity and extend debt maturity profile
Original SEC Filing: BADGER METER INC [ BMI ] – 8-K – Jun. 11, 2026
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