Azz inc. announces successful repricing of senior secured revolver credit agreement in leverage-neutral transaction

Fort worth, texas , dec. 21, 2023 /prnewswire/ -- azz inc. (nyse: azz), the leading independent provider of hot-dip galvanizing and coil coating solutions in north america, today announced the successful repricing of its $400 million senior secured revolver due may 2027. the repricing reduces azz's interest rate margin on its senior secured revolver across all leveraged-based pricing tiers, which range from sofr + 275 to 350 basis points and opening up at sofr + 300 basis points.
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