Carlisle Companies amended and extended its $1 billion credit facility with JPMorgan serving as administrative agent.
The lender group is comprised of: JPMorgan, Bank of America, Wells Fargo, Truist Bank, TD Bank, Mizuho Bank, HSBC and PNC Bank.
The terms of the new credit facility include $1 billion of committed credit with a five-year maturity to 2025. Proceeds of any borrowings are to be used to refinance existing indebtedness, to make acquisitions and other similar investments, for capital expenditures, working capital and for other general corporate purposes in support of Carlisle’s Vision 2025 center-led initiatives driving to $15 of earnings per share.
Carlisle Companies is a diversified, global portfolio of niche brands and businesses that manufactures highly engineered products and solutions for our customers.
