IDEX amends and restates USD 800 million revolving credit facility, extends maturity to 2031
IEX•Amended credit facility and maturity extension
IDEX amended and restated its credit agreement on Sept. 3, 2026, setting an USD 800 million revolving credit facility.
- New maturity moved to Sept. 3, 2031, from Nov. 1, 2027, with two optional one-year extensions.
- Facility includes up to USD 100 million for letters of credit, up to USD 50 million for same-day swingline loans.
- Borrowings priced at base rate or Term SOFR plus a margin tied to credit ratings or leverage ratio.
- Proceeds earmarked for working capital, general corporate purposes, refinancing debt, with potential commitment increases capped at USD 400 million.
