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Fortune Manufacturers Extends Current Revolving Credit score Settlement


DEERFIELD, Ailing.–()–Fortune Manufacturers Residence & Safety, Inc. (NYSE: FBHS, the “Firm”, or “Fortune Manufacturers”), an industry-leading residence and safety merchandise firm, immediately introduced that on Aug. 2, 2022, the Firm executed an extension of its present five-year revolving credit score settlement.

The brand new settlement extends the Firm’s present $1.25 billion Senior Unsecured Revolving Credit score Facility for a five-year time period, dated for maturity on Aug. 2, 2027.

The proceeds from the settlement will likely be used for normal company functions, and the settlement will proceed as part of the Firm’s capital construction submit separation of the Cupboard enterprise.

JPMorgan Chase Financial institution, N.A. is the Administrative Agent for the settlement and Financial institution of America, N.A. is the Syndication Agent.

About Fortune Manufacturers

Fortune Manufacturers Residence & Safety, Inc. (NYSE: FBHS), headquartered in Deerfield, IL., is a Fortune 500 firm, a part of the S&P 500 Index and a pacesetter within the residence merchandise {industry}. With trusted manufacturers and market management positions in every of its three working segments, Water Improvements, Outdoor & Safety, and Cupboards, Fortune Manufacturers’ 28,000 associates work with a objective to satisfy the goals of residence.

The Firm’s rising portfolio of complementary companies and revolutionary manufacturers consists of Moen and the Home of Rohl inside Water Improvements; outside dwelling and safety merchandise from Therma-Tru, LARSON, Fiberon, Grasp Lock and SentrySafe; and MasterBrand Cupboards’ wide-ranging choices from MANTRA, Diamond, Omega and lots of extra. Go to www.FBHS.com to study extra about FBHS, its manufacturers and the way the Firm is accelerating its environmental, social and governance (ESG) commitments.



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