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Universal amends JPMorgan-led credit agreement to raise Total Net Leverage Ratio cap to 3.75x for FYQ1-FYQ2 2027

PUBT·10/13/2026 20:23:58
語音播報
Universal amends JPMorgan-led credit agreement to raise Total Net Leverage Ratio cap to 3.75x for FYQ1-FYQ2 2027
  • Universal amended its credit agreement with JPMorgan Chase Bank as administrative agent, easing its Total Net Leverage Ratio covenant.
  • Maximum leverage lifted to 3.75x for fiscal quarters ending Sept. 30, 2026 and Dec. 31, 2026.
  • Covenant steps down to 3.25x for the quarter ending March 31, 2027, then returns to 3.00x from June 30, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-420470), on October 13, 2026, and is solely responsible for the information contained therein.