Fortive Enters $2B Revolving Credit Facility

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Fortive Enters $2B Revolving Credit Facility

Dow Jones03-21 04:55

By Katherine Hamilton

Fortive entered into a $2 billion revolving credit facility.

The five-year facility led by Bank of America includes a multicurrency borrowing feature, the industrial technology company said in a Friday filing.

It amends and restates Fortive's existing second amended and restated credit agreement, which was dated as of October 2022.

The new facility extends the availability period of the revolving credit from October 2027 to March 2031, provided the agreement is subject to up to two one-year extension options.

The agreement also contains an increase option allowing Fortive to request up to an aggregate additional $1 billion principal amount as a revolving credit facility, term loan facility, or combination.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 20, 2026 16:55 ET (20:55 GMT)

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