Latham Group enters new USD 375 million senior secured credit facility with Jefferies Finance as agent

SWIM•2026-08-21

Latham Group subsidiaries signed a new senior secured credit agreement on Aug. 20, 2026 with Jefferies Finance as administrative agent.
Financing includes a USD 75 million senior secured multicurrency revolving credit facility, including a letter-of-credit sublimit.
The agreement also provides a USD 300 million senior secured term loan facility, maturing Aug. 20, 2033, with 0.25% quarterly amortization.
Borrowings repaid and replaced all outstanding obligations under the Feb. 23, 2022 credit and guaranty agreement, which was terminated.
The revolver matures Aug. 20, 2031; pricing steps with first-lien net leverage, ranging from 3.25% to 3.5% over benchmark rates.

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