Worthington Enterprises Extends $500 Million Revolving Credit Facility to 2031
Worthington Enterprises entered into a Fifth Amended and Restated Credit Agreement, keeping its $500 million unsecured revolving credit facility and extending the maturity to August 31, 2031. Pricing varies by leverage, with no borrowings or letters of credit at closing. The PNC-led lender syndicate includes JPMorgan Chase and Bank of America, supporting liquidity for working capital, capex, acquisitions, and general corporate purposes.