Lennox International increases revolving commitments to $1.1 billion

By Wendy Van Sickle

Columbus, Ohio, Aug. 28 – Lennox International Inc. amended its credit facility agreement on Aug. 25 with JPMorgan Chase Bank, NA as administrative agent for $350 million of additional commitments, increasing the revolver to $1.1 billion, according to an 8-K filing with the Securities and Exchange Commission.

Also, changes were made that gave the company greater flexibility to enter into additional future financings, such as a potential commercial paper program.

The maturity date remains July 14, 2026.

The credit agreement is originally dated July 14, 2021.

Lennox International is a Richardson, Tex., climate-control products company.

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