DALLAS — CSW Industrials, Inc. (CSWI) has successfully renewed and upsized its Revolving Credit Facility, taking the commitment from $500 million to $700 million. This move is strategically designed to bolster the company’s financial flexibility and support its pursuit of growth initiatives in the coming years.
The renewed facility, which extends over a term of five years and matures in May 2030, demonstrates CSWI’s robust banking relationships. It was arranged in collaboration with a group of nine banks, with JPMorgan Chase Bank, N.A. serving as the administrative agent. Both JPMorgan Chase Bank, N.A. and Truist Bank took on roles as joint lead arrangers and bookrunners.
Joseph B. Armes, Chairman, CEO, and President of CSW Industrials, expressed gratitude towards the bank group for supporting the extension and upsizing, highlighting that it equips the company with agile capital access for seizing market growth opportunities.
CSW Industrials, a diversified industrial growth company, operates across three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions, providing niche, value-added products known for their performance and reliability. These products serve key markets such as HVAC/R, mining, and architecturally-specified building products.
